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Table 3.1 – Foreign exchange market share by country in 2007 and 2010

Оглавление

The UK dominates foreign exchange trading, with a market share of 37% in 2010 (up from 35% in 2007). The growth in the UK becomes even more stark when compared with 1995 when its market share was 29%. The euro-zone’s market share has virtually halved since 1995 and now accounts for just 9%. The US accounted for 18% in 2010, which is broadly in line with the past ten years’ experience. The US is followed by Japan on 6%.

The other main trading centres, Singapore, Switzerland and Hong Kong, account for around 5% each with Australia accounting for 4%. A notable loser in recent years has been Japan, which has seen its share collapse from 10% in 1995, possibly reflecting a stagnant economy and banking problems.

Foreign Exchange: The Complete Deal

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