QuoteDislikedIncreasing participation by hedge funds has already fuelled an explosion in FX volumes. The most recent triennial survey by the Bank for International Settlements estimated daily volumes on the FX market were $1,900bn in April 2004. Analysts expect volumes to have reached $3,000bn by the time the BIS publishes its next survey this year.
- #2
- May 1, 2007 5:41pm May 1, 2007 5:41pm
- Joined Mar 2004 | Status: Magic Man | 3,220 Posts
Relax and be happy.