Wednesday, October 24, 2012

Forex volumes

Become a forex trader, and buy and sell in the world's largest financial market!

Here are the key figures*:
Over $1.9 trillion dollars a day traded in 2004
That grew to $3.2 trillion by 2007 – a 70% increase
Daily volume is now nearly $4.0 trillion – and the market is still growing

Forex dwarfes other markets:
It has 11 times the daily volume of all other global exchanges combined
Its daily turnover is 40 times the New York Stock Exchange (NYSE)
$300 are traded every day for every person on the planet
A week's worth of forex trading is more than the annual United States GDP

The major forex trading centres are the United States, Great Britain and Japan. Market activity peaks when more than one is open.

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