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FX bonuses set to plunge on probes, low volumes

London's currency traders are set for a dramatic fall in bonuses, amid foreign exchange (FX) investigations and low trading volumes, a new report has found.Traders could be in for a 42.9 percent drop in bonuses during the next payout season in 2015, according to a report by salary benchmarking website Emolument. It forecast bonuses would be slashed from the average 148,000 ($242,572) handed out this year to 85,000.

 

This article was published in CNBC, 18th September 2014

 

FX bonuses set to plunge on probes, low volumes, published in CNBC, 18th September 2014

 

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