Market Size and liquidity
Trading in the UK accounted for 36.7% of the total, making UK by far the most important global center for foreign exchange trading. In second and third places, respectively, trading in the USA accounted for 17.9%, and Japan accounted for 6.2%.
The foreign exchange market is the most liquid financial market in the world. Traders include large banks, central banks, institutional investors, currency speculators, corporations, governments, other financial institutions, and retail investors. The average daily turnover in the global foreign exchange and related markets is continuously growing. According to the 2010 Triennial Central Bank Survey, coordinated by the Bank for International Settlements, average daily turnover was US$3.98 trillion in April 2010 (vs $1.7 trillion in 1998). Of this $3.98 trillion, $1.5 trillion was spot foreign exchange transactions and $2.5 trillion was traded in outright forwards, FX swaps and other currency derivatives. ...
Read More
loans , make money , business
, ways to make money ,airlines credit card , credit report , earn money , credit counseling service , debt consolidation , poor credit
low interest ,student credit cards , credit card applications , make money ideas ,, ways to make money ,airlines credit card , credit report , earn money , credit counseling service , debt consolidation , poor credit
low interest ,student credit cards , credit card applications , make money ideas , ...
Read More
