$4 Trillion a Day

Guess what market has daily volume of $4 trillion?
Give up? I’ll give you a hint: The currency markets.
Look at the table on the link. What’s interesting is how much the U.S. dollar dominates the currency markets. In fact, if you were to place a non-dollar trade — say, British pounds to Mexican peso — it would probably go pounds to dollars and then dollars to pesos.

Posted by Eddy Elfenbein on September 2nd, 2010 at 2:28 pm

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