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Sunday, March 22, 2009

Trading Hours:


*24 hour market
*Sunday 5pm EST through Friday 4pm EST.
*Trading begins in the Asia-Pacific region followed by the Middle East, Europe, and America


Size:


*One of the largest financial markets in the world
*$3.2 trillion average daily turnover, equivalent to:
*More than 10 times the average daily turnover of global equity markets1
*More than 35 times the average daily turnover of the NYSE2
*Nearly $500 a day for every man, woman, and child on earth3
*An annual turnover more than 10 times world GDP4


The spot market accounts for just under one-third of daily turnover
1. About $280 billion - World Federation of Exchanges aggregate 2006

2. About $87 billion - World Federation of Exchanges 2006

3. Based on world population of 6.6 billion - US Census Bureau

4. About $48 trillion - World Bank 2006.





Source link:
http://www.goforex.net/forex-market-snapshot.htm

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