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.
Source: Bank for International Settlements (BIS), updated every 3 years.
