Currency Trading Evolves?

Barron's Online - Shrink-Wrapped

This is from Barron's so you will need a subscription. The article posits that there could be looming liquidity problems as there are less participating banks making markets.

If the article is right it will be a problem. I don't think the article is right about a lack of participants, however.

The the planet continues to globalize, if there is more demand for currency trading there will be more participants.