London retains premier spot in FX, according to global volume figures

London skyscrapers with sun descending and building lights on

Farah Khalique
07 Feb 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Average daily FX turnover in the UK reached $1.8 trillion in October 2010, according to the UK’s Foreign Exchange Joint Standing Committee; 24% higher than a year earlier and 8% higher than in April 2010. This was the highest turnover recorded since the semi-annual industry survey began in 2004. It puts the UK some way ahead of the US, where average daily volume in over-the-counter FX instruments reached $772 billion in the same month, according to the US Foreign Exchange Committee (FXC).

“Recen

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]