Friday, November 27, 2009

Forex volumes

Forex is the world biggest financial market. In April 2004, average daily volume used to be 1.9 trillion US dollars, which is higher than:


* eleven average volumes of all world stock exchanges together (167 billion US dollars);


* forty average volumes of NYSE - biggest stock exchange in the world (46 billion US dollars);


* 300 US dollars every day for every world citizen.


By April 2007, average daily volume increased to 3.2 trillion US dollars (~70% higher than in April 2004).

Most important markets: USA, United Kingdom and Japan. More than half of Forex volume is done in the UK and USA. Highest activity is detected in period of different markets' working hours interference.


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