It is believed that the daily turnover on the Forex market was as follows:
1977 - $ 5 billion
1987 - $ 600 billion
at the end of 1992 - $ 1 trillion
in 1997 - 1.2 trillion dollars
in 2000 - 1.5 trillion dollars
in 2005-2006, the volume of daily turnover on the FOREX market fluctuated, according to various estimates, between 2 to $ 4 trillion
in 2010 - $ 4 trillion. [5] In this case a further increase in intraday turnover to $ 10 trillion in 2020.
1987 - $ 600 billion
at the end of 1992 - $ 1 trillion
in 1997 - 1.2 trillion dollars
in 2000 - 1.5 trillion dollars
in 2005-2006, the volume of daily turnover on the FOREX market fluctuated, according to various estimates, between 2 to $ 4 trillion
in 2010 - $ 4 trillion. [5] In this case a further increase in intraday turnover to $ 10 trillion in 2020.
Bank for International Settlements periodically conducts large-scale study of the Forex market every three years, beginning in 1989. The final report contains information on the turnover of the market, the structure and dynamics. The latest report released in December 2010 and is available on the official website. [6] Of the 4 trillion daily turnover 1.5 trillion - were foreign currency transactions and 2.5 trillion participated in forward and the other transactions involving derivatives exchange market.
However, there is no accurate data as it is-the-counter market, and there is no requirement of mandatory registration and disclosure of transactions. Part of this volume provides a margin trading, which is permitted under the terms of contracts in amounts that greatly exceed the actual capital transaction participant. Regardless of the nature and purpose of transactions, large daily turnover is the guarantee of high liquidity in this market.
Traditionally, the UK is the hub of international trade currency. The British were trading in 2010 36.7% of the total. In second place - trading in the U.S. (17.9% of total) - the third in Japan (6.2%). Due to the dominance of London in the market quotation of a currency, usually the London market quotation. For example, when the International Monetary Fund expects the value of Special Drawing Rights, it uses the London price of the currency.
Derivatives trading volumes in stock instruments based on foreign exchange quotes, have grown rapidly in recent years, reaching 166 billion dollars in April 2010. It is believed that commodity derivatives exchange market represents about 4% of the OTC trade.
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