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Global currency trading jumps 20% in three years

September 1, 2010

forex, FX Trading

I’m away for a few days but I thought you maybe interested to read this piece on the BBC site which provides some details on the rise of Global Currency Trading and the pre-eminent position that London maintains within this sector of the financial markets.  

The data comes from the Bank of International Settlements three-year report in the FX market.

http://www.bbc.co.uk/news/business-11148626

Enjoy,

FXTraderPaul

Update 1/09/10:  I see that Robert Peston has proffered his thoughts on the FX business.  You might be interested to read what he has to say.

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/09/a_valueless_banking_boom.html

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About FXTraderPaul

A professional Trader and Coach, FXTraderPaul blogs about his adventures from the front-lines of FX Trading. A Trader and educator who can walk the walk as opposed to merely talk the talk!

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2 Comments on “Global currency trading jumps 20% in three years”

  1. Jimmy_FX Says:
    September 7, 2010 at 12:08 pm

    If Preston was a stock I’df be looking to short him sometime soon!

    Like

    Reply

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