UK still on top, but Singapore pips Japan for third

Discussion in 'Forex' started by Jason Rogers, Sep 13, 2013.

  1. Jason Rogers

    Jason Rogers ET Sponsor

    Here's some interesting data from the recent survey on the forex market by the Bank for International Settlements (BIS).

    "The United Kingdom maintained its lead as the world's foremost trading center with a 41 percent share followed by the United States at 19 percent. Singapore overtook Japan to become the world's third major trading center."

    [​IMG]

    London's dominance is impressive, as is the emergence of Singapore.
     
  2. toolazy

    toolazy

    worrying that 60 % of volume goes thru uk and us only. this setup is prone to manipulation.

    that is why I like unregulated markets for largest bets. no one can close them unlike regulated.
     
  3. FX_Gigi

    FX_Gigi

    Yes it not good that 60% of world money from Forex is going to UK or USA but now Forex is also emerging and becoming popular in other areas of the world.
     
  4. mgrund

    mgrund