Nick Nasad
0
All posts from Nick Nasad
Nick Nasad in Nick Nasad,

FX Trading Keeps Growing! Daily Volume Now $5.3 Trillion

With its latest tri-annual release the Bank for International Settlements showed that the market for forex trading continues to grow. Over the past 3 years forex trading jumped a third to a daily volume of $5.3 trillion.

If interested, check out the report here: http://www.bis.org/publ/rpfx13fx.pdf

Here's a chart of the top traded currencies and comparing the total traded in 2013 vs 2010:

So, with the market growing by leaps and bounds, the question is, are you trading forex?


- Nick