New Zealand based forex broker MahiFX published a colorful Infographic that explains the core data from the BIS Triennial Central Bank Survey of foreign exchange market activity.
LONDON, 24 October 2013 – MahiFX has released an Infographic ‘Global FX Volume Reaches $5.3 Trillion a Day’ to powerfully illustrate and explain the preliminary data reported in the global Triennial Central Bank Survey on Foreign Exchange (Forex) market activity coordinated by the Bank for International Settlements (BIS).
Eagerly awaited by Forex market participants, the triennial BIS survey charts the magnitude, structure and trends of the worldwide market that dwarfs the trading volumes of the major stock exchanges combined. Saving interested parties the time and effort required to wade through the raw survey data, the MahiFX Infographic distils the key findings, bringing the important data underpinning the Forex market to life.
The survey reports significant change in the Forex landscape in the past three years with preliminary data revealing a 33% growth in the global FX market, hitting $5.3 trillion in turnover each day (as of April 2013), up from circa $4.0 trillion per day reported in 2010. Retail aggregators account for approximately 3.5% of these volumes – representing an estimated retail FX industry share of at least $186 billion per day.
The MahiFX Infographic depicts the survey’s core data and findings on market participants, most influential trading capitals, and top ten traded currencies and volumes in a concise, highly visual and easy to digest set of charts, text and data.
