IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

A brief overview of the characteristics of interbank forint/euro trading

  • Áron Gereben


    (Magyar Nemzeti Bank (central bank of Hungary))

  • Norbert Kiss M.


    (Magyar Nemzeti Bank (central bank of Hungary))

This study offers some insight into indirect interbank forint/euro trading through transaction-level data from the dominant electronic trading platform used on this market. We provide an in-depth view of the structure and liquidity of interbank foreign exchange trading by using simple, descriptive statistics. Where feasible, the results are placed into an international context. According to our findings, the key structural attributes of the Hungarian foreign exchange market are similar to those of the more advanced markets, despite the significantly lower level of trading volume and other indicators of market liquidity. Trading intensity and liquidity show large variations, both intra-day and between days. Our statistics suggest that the market has become more advanced, more liquid and has grown deeper during the period under review.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Article provided by Magyar Nemzeti Bank (the central bank of Hungary) in its journal MNB Bulletin.

Volume (Year): 1 (2006)
Issue (Month): 2 (December)
Pages: 21-26

in new window

Handle: RePEc:mnb:bullet:v:1:y:2006:i:2:p:21-26
Contact details of provider: Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:mnb:bullet:v:1:y:2006:i:2:p:21-26. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maja Bajcsy)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.