One must know how structure of participants on the market looks like in order to understand candlesticks patterns better and markets' reaction on releases of important macroeconomic data. Therefore, we present data concerning turnover on this OTC market collected by the BIS.
In other way, we can say that other financial institutions has been accounting for majority on the FX turnover since 2013.
What are these 'other financial intitutions'? These are mainly non-reporting banks, hedge funds and PTFs* and institutional investors so the buy-side from the CFTC Traders in Financial Futures report.
This stands for Proprietary Trading Firms.
What are the conclusions? CFTC reports are worth watching.