Tag: BIS Triennial Survey

Mystery Solved? BIS Report Studies Triennial FX Survey Data

When the Bank for International Settlements (BIS) published this year’s version of its FX turnover survey there was much scratching of heads in the FX industry at its finding that $6.6 trillion was traded every day in the FX market. Not only was the survey taken in what was a quiet month by most standards […]

The FX Market’s New Benchmark – $6.6 Trillion

The number used globally to measure the size of the FX market will be set at $6.6 trillion per day after the Bank for International Settlements (BIS) released the results of its Triennial Survey for Foreign Exchange Turnover. The BIS says that globally $6.59 trillion was executed daily across FX products in April 2019, a […]