The global foreign exchange markets
We are doing extensive research now. Action Forex 2009 All rights reserved. Exchange-traded FX futures contracts were introduced in 1972 at the Chicago Mercantile Exchange and are actively traded relative to most other futures contracts. Since then, the market has continued to grow. Daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements. The average daily volume in the global foreign exchange and related markets is continuously growing. Traders include large banks, central banks, currency speculators, fap turbo corporations, governments, and other financial institutions. The foreign exchange market is the largest and most liquid financial market in the world. Main foreign exchange market turnover, 1988 – 2007, measured in billions of USD. Trading in the world’s main financial markets accounted for $3.21 trillion of this.
