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Bank of Interenational Settlements BIS just published thier 2022 #BISTriennialSurvey (took place in April 2022).
This is what I learnt....
In 2022, Global foreign exchange (FX) market turnover/day breached $7.5 trillion/day on a Net Basis Value.
Bank of Interenational Settlements BIS just published thier 2022 #BISTriennialSurvey (took place in April 2022).
This is what I learnt....
In 2022, Global foreign exchange (FX) market turnover/day breached $7.5 trillion/day on a Net Basis Value.
This growth was entirely due to Inter-dealer activity rather than end customers.
Share of SPOT transactions in Global FX market turnover fell from 30% to 28% over the past few years. Rest was made up by Fwds. Swaps, etc
Share of SPOT transactions in Global FX market turnover fell from 30% to 28% over the past few years. Rest was made up by Fwds. Swaps, etc
SPOT transactions could include Trade Related, Foreign Portfolio Buying/Selling (Equity & Debt), Interest Payments on loans, Remittances inbound (NRIs) /outbound (Education, Holidays, Medical, Overseas investments etc). So in effect, just TRADE RELATED Sport FX is barely…
