Month: September 2010

FX Market Turnover Hits $4 Trillion

The Bank for International Settlements has released the preliminary results of its triennial survey of foreign exchange turnover. As suggested in Squawkbox two weeks ago, the survey indicates average daily volume stood at $4 trillion per day in April 2010. This represents a 21.8% increase from the 2007 yardstick of $3.21 trillion and is the […]