You must have often heard or read the statement that the forex market is very large. There is a huge market that compares with a Daily average trading value in the 4 largest markets in the world: New York Stock Exchange, Nasdaq, the Tokyo Stock Exchange and the London Stock Exchange. Some authors even bravely across the board compared with the total in the world and declare that the forex market is much larger than the total transactions in the market all over the world. Wow! Is not it fantastic?
Ehh, but wait a minute! It's good we do not trigger a trust with such an amazing picture. Frankly when I presented the research plan in front of the examiner seminar, I declare that the Forex market is the largest market and most liquid by comparing the total of the entire exchange transactions in the world and declare that the forex market is much larger than the total transaction exchanges around the world. The result?
Well, here it is ... It's the statement that I took from the seminar procedings another researcher, I must be willing to not sleep well for two days and two nights because of busy looking for transaction data from all exchanges in the world because the examiner asks the data concrete form of numbers that can be compared scientifically. That means the data must be retrieved from the same time period and with the same currency. Wadduuhh, dizziness deh! It turns out that searching for evidence of a statement that the Forex market is the largest market not at all easy. I must be willing to report weekly glared from the stock exchanges, plus convert numbers in each report are mostly still use the stock converter respectively. Ampuuunn ... Not again-here we go!
But I experienced grogginess behind, still there is an awareness that I can take. Hehehe! Well, let's look at the data that is typically presented in many articles forex. Many forex article that says that the average daily trading volume for the forex market globally is US $ 3.98 trillion. That figure is taken from the report of the Bank for International Settlements (BIS) in 2010 was certainly a fantastic figure and make you drool to immediately plunged into the world's per-forex. Hehehe! Of course, who would not want to be a part of (and profit) of a market for it?
Wait, but wait! That number is the total number of transactions types consisting of a trade spot, forwards, swaps, options and other products. Actors in the forex market is very diverse. Traders like we go in the spot market, which according to the BIS report has a share of 37% of the total transaction, which means valued at $ 1.49 trillion. Indeed, it is still a big number anyway ... But, the bottom line is that a lot forex article that simply lists the total data volume and not the volume of spot transactions in which we play in it.
You might ask: So, so what? Hehehe! Yes it does not matter what the heck ... It's just, for me it sounds like to hide the fact, though slightly. I think it's worth further explained that the "quota" we as individual traders "only" 37% of the total market.
Market forex market is huge, just maybe not as great as is often said or heralded. Well, is not intended to demoralize the hell, hehehe. Yet 37% of the value remains too big fantastic.
In the end we stayed back. Can we take advantage of the huge Forex market, and of course take advantage of it. Hope so ...
That How Large Is The Forex Market so i think that is spectakuler
