UK still on top, but Singapore pips Japan for third

[Jason Rogers]

Here's some interesting data from the recent survey on the forex market by the Bank for International Settlements (BIS).

"The United Kingdom maintained its lead as the world's foremost trading center with a 41 percent share followed by the United States at 19 percent. Singapore overtook Japan to become the world's third major trading center."

London's dominance is impressive, as is the emergence of Singapore.

 

[Red Herring]

So what we get here: trading at the London session? More liquidity will be in the market....

 

[Floriano]

So what we get here: trading at the London session? More liquidity will be in the market....

Yes trading in the London session is good for our trade and we can make profit from it.

 

[Pharaoh]

Yes trading in the London session is good for our trade and we can make profit from it.

Or lose from it. Remember, those profits don't just magically appear out of thin air.

 

[Rambo35]

Here's some interesting data from the recent survey on the forex market by the Bank for International Settlements (BIS).

"The United Kingdom maintained its lead as the world's foremost trading center with a 41 percent share followed by the United States at 19 percent. Singapore overtook Japan to become the world's third major trading center."

London's dominance is impressive, as is the emergence of Singapore.

I think London as well as Singapore will continue to expand and take away market share from others due to their business friendly structure which actually welcomes business and not force them out of the country with moronic rules and regulations as we witnessed and continue to do so in the US.