02.04.2009
Forex scopeAbout Forex /
Forex is the largest financial market in the world. In April 2004 its average turnover reached 1.9 trillion dollars per day, that is:
11x average turnover of all exchanges in the world ($167 billion); 40x average NYSE turnover - the largest exchange in the world ($46 billion); $300 a day for every citizen of Earth. In April 2007 the average turnover reached 3.2 billion dollars per day (approx. 70% growth over April 2004).
Main markets: USA, Great Britain and Japan. Great Britain and the US make over 50% of all trade volume on Forex. The highest activity is observed during simultanoius work hours of major markets.
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