Foreign Exchange Trade

Click here for a full report. published by BIS (Bank for International Settlements) in April 2013.

Click here for www.bis.org

Click here for their later list in 2016. Click here for a list of currency abbreviations.

Foreign Exchange trading has increased from an average of $US 1 trillion daily in 2001 to $US 5 trillion daily in 2013-2016. The vast majority of global FX trading in 2013 occurred via sales desks in five jurisdictions: the United Kingdom - London (41%), the United States - New York (19%), Singapore (5.7%), Japan - Tokyo (5.6%) and Hong Kong SAR (4.1%).

Most traded currencies by value
Currency distribution of global foreign exchange market turnover
Rank Currency Abbrev. % daily share
(April 2013)
1 United States dollar USD ($) 87.0%
2 Euro EUR () 33.4%
3 Japanese yen JPY () 23.0%
4 Pound sterling GBP () 11.8%
5 Australian dollar AUD ($) 8.6%
6 Swiss franc CHF (Fr) 5.2%
7 Canadian dollar CAD ($) 4.6%
8 Mexican peso MXN ($) 2.5%
9 Chinese yuan CNY () 2.2%
10 New Zealand dollar NZD ($) 2.0%
11 Swedish krona SEK (kr) 1.8%
12 Russian ruble RUB (₽) 1.6%
13 Hong Kong dollar HKD ($) 1.4%
14 Norwegian krone NOK 1.4%
15 Singapore dollar SGD ($) 1.4%
16 Turkish lira TRY (Turkish lira) 1.3%
17 Korean won KRW 1.2%
18 South African rand ZAR 1.1%
19 Brazilian real BRL 1.1%
20 Indian rupee INR 1.0%
21 Danish krone DKK 0.8%
22 Polish zloty PLN 0.7%
23 New Taiwan dollar TWD 0.5%
24 Hungarian forint HUF 0.4%
25 Malaysian ringgit MYR 0.4%
26 Czech koruna CZK 0.4%
27 Thai baht THB 0.3%
28 Chilean peso CLP 0.3%
29 Israeli new shekel ILS 0.2%
30 Indonesian rupiah IDR 0.2%
31 Philippine peso PHP 0.1%
32 Romanian leu RON 0.1%
33 Colombian peso COP 0.1%
34 Saudi riyal SAR 0.1%
35 Peruvian sol PEN 0.1%
Other 1.6%
Total 200%

 

The following table comes from http://www.bloomberg.com /news/2014-05-08/deutsche-bank-currency-crown-lost-to-citigroup-on-volatility-1-.html

 
Top 10 currency traders % of overall volume, May 2014
Rank Name Market share
1

United StatesCiti

16.04%

2

GermanyDeutsche Bank

15.67%

3

United KingdomBarclays Investment Bank

10.91%

4

SwitzerlandUBS AG

10.88%

5

United KingdomHSBC

7.12%

6

United StatesJPMorgan

5.55%

7

United StatesBank of America Merrill Lynch

4.38%

8

United KingdomRoyal Bank of Scotland

3.25%

9

FranceBNP Paribas

3.10%

10

United StatesGoldman Sachs

2.53%

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