Forex. The 5.3 Trillion dollar a day market

Global FX volume reaches $5.3 trillion a day 2$ in 2013 Regular central bank surveys can often shed increased light on developing situations in the forex market. A recent study by the BIS in their Triennial Central Bank survey, has pointed out some astonishing statistics around the global forex market. Below, we have taken the important data from the BIS survey and created an infographic to convey the information in a different and more visual way. Global Foreign Exchange Market Turnover FOREIGN EXCHANGE SWAPS SPOT TRANSACTIONS Daily averages in April in US$ billion $2000 b. 2013 2010 2007 $1000 b. OUTRIGHT FORWARDS 2004 2001 1998 OPTIONS AND OTHER PRODUCTS CURRENCY SWAPS Sob. FOREIGN EXCHANGE INSTRUMENTS $0b. $1000 b. $2000 b. $3000 b. $4000 b $5000 b. $5345 b. Foreign Exchange Tumover Counterparty 2010 2013 Daily averages in April in US$ billion and percentages REPORTING DEALERS OTHER FINANCIAL INSTITUTIONS NON-FINANCIAL CUSTOMERS 2010 2010 2010 $532 b. 13.4% $1544 b. 38.9 % $1896 b. 47.7 % 2013 2013 2013 $465 b. 8.7% $2070 b. 38.7 % $2809 b. 52.6 % 48% Inter-dealer trading grew by 34% to $2.1 trillion in 2013, up from $1.5 trillion in 2010 Transactions of FX dealers with this group of customers $2.8 trillion in 2013 Inter-dealer trading in global forex transactions amounted to 39% in 2013. Overall this has remained constant since 2010. grew up from $1.9 trillion in 2010 Currency Distribution of FX Turnover Top 10 Currencies U.S DOLLAR NEW ZEALAND DOLLAR 2013 EURO 2010 CHINESE JAPANESE YUAN YEN Percentage share of average daily turnover in April POUND STERLING MEXICAN PESO CANADIAN AUSTRALIAN DOLLAR DOLLAR SWISS FRANC The UK, the USA and Singapore expanded their share the most, with turnover growth of 47%, 40% and 44%, respectively The top five global FX trading centres moved up by 4 percentage points to 75% in 2013 Turnover by Instrument and Maturity 24 Spot market trading increased by 38% to $2 trillion per day in April 2013. This contributed roughly a 40% rise in global FX market activity between 2010 and 2013 Enter FX swaps continued to be the most actively traded FX instrument in 2013, although at 27%, the rise in trading did not match the velocity with that of the overall market. $£€ FX swaps' daily volume of $2.2 trillion accounted for 42% of all FX-related transactions Tumover by Curency Pair Daily averages in April in US$ billion excluding estimated gaps in reporting KEY 2013 2010 $1000 b. $500 b. $500 b $1000 b. USD/EUR $1,289 b. $1,098 b. USD/JPY $978 b. $567 b. USD/GBP $472 b. $360 b. USD/AUD $364 b. $268 b. $200 USD/CAD $182 USD/NZD $82 $147 b. EURJPY S11b. USD/TRY $63 USD/CHE $184 $166 EUR/GBP $102 $109 USD/RUB $79 USD/KRW S60 USD/HKD S85 USD/SEK Asb. $71 USD/MXN $128 t EUR/CHF USD/CNY $113 $31b USD/ZAR S51 $24b S45 USD/SGD $65 JPY/AUD Tumover by Location Daily averages in April in US$ billion excluding estimated gaps in reporting $0b. UNITED KINGDOM $400 b. UNITED STATES SINGAPORE JAPAN HONG KONG $2800 b. $800 b. $2400 b. $1200 b. $2000 b. $1600 b. SOURCE: HTTPS://wwW.BIS.ORG/PUBL/RPFX13FX.PDF Infographic brought to you by O MahiFX OMahiFX +MT4 Extremely tight spreads - No commission Choice of platforms, created by professional traders No minimum deposit - Protected funds Scalping friendly - Expert advisors Honest & transparent So why would you not trade with us? Sign up to our award winning forex trading platform at MahiFX.com