cashbackforexpipcalculator the world forexcashbackprofitcalculator cashback forex profit calculator cashbackforexprofitcalculator gold market to achieve 24 hours a day contact uninterrupted cashback forex, global foreign exchange trading activities are increasingly concentrated in a few financial centers according to the Bank for International Settlements (BIS) in 2013 published every three years foreign exchange survey report let us see more clearly, the concentration of global foreign exchange transactions region, the report shows that in 2013 the majority of global foreign exchange transactions through five countries and Regions, the United Kingdom and the United States together accounted for 60%, followed by Singapore, Japan and Hong Kong, etc.  In recent years, the global foreign exchange market trading volume showed rapid growth in daily average trading volume from April 2007 of 3.3 trillion U.S. dollars, rose to April 2010 of 4.0 trillion U.S. dollars, April 2013 was reached a record high of 5.3 trillion U.S. dollars for the convenience of practitioners more Clear cognition of the global foreign exchange trading situation, this, the exchange business (FOREXPRESS) will do a simple inventory of the worlds eight major foreign exchange trading centers, they are London, New York, Tokyo, Singapore, Switzerland, Hong Kong, Sydney and Paris a, London  1950s to 1960s, as the international banking industry began to grow, the Foreign exchange trading boomed in 1979, the United Kingdom exchange controls were lifted and London began to become the center of all trading, from foreign exchange to bonds to derivatives and fund management which also made the United Kingdom the worlds largest net exporter of financial services countries London provides the largest pool of funds within the time zone between Asia and the United States, in addition to London time has been used as the standard time for international business London in the global The proportion of total foreign exchange transactions up to 41%, twice as high as New York and European competitors Switzerland and Paris, respectively, only about 3% Financial Center: London Average daily foreign exchange transactions: $2.75 trillion Global foreign exchange transactions accounted for: 41% Second, New York  New York foreign exchange market is not only the United States The center of foreign exchange business, but also one of the worlds most important international foreign exchange market, from the average daily foreign exchange transactions, followed by London, for the worlds second, but also the global dollar transactions clearing center In addition, the United States foreign exchange transactions but the largest number of countries in the world, the data show that this number has exceeded 300 million in 2011 Because the United States does not have exchange controls, there is no foreign exchange business to operate Restrictions, the government also does not specify special foreign exchange banks, so almost all U.S. banks and financial institutions can operate foreign exchange business U.S. foreign exchange transactions accounted for the proportion of global foreign exchange transactions in rising, from 17% in 2007 to 19% in 2013, a growth rate of about 40% Financial Center: New York Average daily foreign exchange transactions: 1.4 trillion U.S. dollars  nbsp; global foreign exchange transactions accounted for: 19%  three, Singapore    thanks to the unique geographical location, Singapores foreign exchange market is developing rapidly, and in 2013 squeezed out Japan, the worlds third largest foreign exchange trading center, foreign exchange transactions second only to the United Kingdom and the United States in Singapores active foreign exchange market, the foreign exchange business of the bank, was Approved foreign banks and foreign exchange brokers, institutional investors and the Financial Services Authority of Singapore are important participants (see the Exchange Business feature article "insight into the development of Singapores foreign exchange industry") Singapores average daily foreign exchange trading volume reached $383 billion in April 2013, and has surpassed Japan, which is also the first time since the relevant data statistics in 1989, Singapore into the Foreign exchange trading center of the top three Financial Center: Singapore Average daily foreign exchange transactions: $ 383 billion Global foreign exchange transactions accounted for: 5.7% Fourth, Tokyo  As the financial center of Asia, Tokyo has been the worlds third largest foreign exchange trading center, the entire number of Japanese foreign exchange transactions of about 130 million The most famous Mrs. Watanabe, but unfortunately, since 2013, Tokyo was caught up with Singapore, fell to the fourth position, the average daily trading volume of about $ 379.5 billion Tokyo foreign exchange market, foreign exchange transactions between banks can be carried out through foreign exchange brokers, but also directly Japanese domestic enterprises, individuals for foreign exchange transactions must be carried out through foreign exchange designated banks due to Japans import and export trade is mostly settled in U.S. dollars, and the yen is an important safe-haven currency, so more than 90% of the Tokyo foreign exchange market is the U.S. dollar to yen transactions Financial Center: Tokyo Average daily foreign exchange transactions: $379.5 billion Global foreign exchange transactions accounted for: 5.6% V. Hong Kong  The exchange merchant has previously Related articles about the Hong Kong foreign exchange market, as one of the Asian financial center, Hong Kong played a pivotal role in the region, more and more brokers around the world are stationed here to Hong Kong as an important base to develop the Asian market Hong Kong foreign exchange market is the development of the international foreign exchange market after the 1970s since 1973, Hong Kong abolished foreign exchange controls, the massive inflow of international capital, the Operating foreign exchange business financial institutions continue to increase, the foreign exchange market is increasingly active, the development of the international foreign exchange market As the worlds major financial center, Hong Kong is the worlds freest, most open multifunctional free port city from the freedom of capital flows, financial institutions system, financial markets operate efficiently, the financial ecological environment is superior and laws and regulations are perfect, so that the Hong Kong financial industry, especially Foreign exchange industry is developing rapidly, and in 2013 surpassed Switzerland, becoming the fifth largest foreign exchange trading center Hong Kong foreign exchange market consists of two parts a Hong Kong dollar against foreign currencies, including the U.S. dollar, Japanese yen, the euro, British pound, Canadian dollar, Australian dollar, Renminbi and other major currencies and currencies of Southeast Asian countries; the second is the U.S. dollar against other foreign currencies Financial Center: Hong Kong  Average daily foreign exchange transactions: 320 billion U.S. dollars Global foreign exchange transactions accounted for: 4.1% Six, Switzerland  Speaking of Switzerland, we will think of January 2015 had triggered a global foreign exchange industry earthquake in the Swiss franc black swan event, so far the industry people fear It is reported that the Swiss foreign exchange market transactions are mainly concentrated in the inter-bank, involved in The foreign exchange banks are Swiss banks Credit Suisse, Union Bank of Switzerland and so on, of course, Switzerland also has several local world-renowned foreign exchange dealers Swiss foreign exchange transactions are mainly the Swiss franc to the U.S. dollar, the other currencies through the U.S. dollar for cross-trading, so the Swiss franc to the U.S. dollar exchange rate is the main exchange rate of the Zurich foreign exchange market, the Swiss franc to other currencies using the U.S. dollar to arbitrage the exchange rate Switzerlands average daily foreign exchange transactions reached $263 billion in 2010, close to $300 billion in 2013 Financial center: Zurich Average daily foreign exchange transactions: about $297 billion Global foreign exchange transactions accounted for: about 3.6% Seven, Sydney  Sydney foreign exchange market is the most important Ocean State This is due to the fact that Sydney is not only an important economic and cultural center of Australia, but also the most important financial center of the entire Ocean State. Because it has high-quality research institutions, and a strong commitment to brand-new ideas Australia also supports new business, one of the worlds fastest-growing economic sectors (see the Exchange Business article "Overview of Australias Foreign Exchange Regulatory Environment") Australia became the worlds seventh largest foreign exchange trading center in 2010 with an average daily foreign exchange trading volume of $192 billion in 2013, accounting for the global foreign exchange Trading volume remained at about 2%, the average daily trading volume of about $210 billion Financial Center: Sydney Average daily foreign exchange trading volume: about $210 billion Global foreign exchange trading volume accounted for: about 2.3% Eight, Frankfurt  Frankfurt, as Germanys largest financial center, is an important European Foreign exchange trading center, the European Central Bank and other important financial institutions in the euro area are here, while Germany also plays a leading role in the European economy Frankfurt foreign exchange market is divided into pricing market and the general market pricing market by the officially designated foreign exchange brokers are responsible for aggregating transactions, they belong to Frankfurt, Dusseldorf, Hamburg, Munich and Berlin five exchanges (exchange business currently can not be informed of the Frankfurt Foreign exchange market specific trading volume data) In addition, Paris, France is also one of the important European foreign exchange trading center, 2010 BIS published data show that France with 152 billion U.S. dollars of average daily foreign exchange transactions to become the worlds eighth largest foreign exchange trading center, accounting for 3% of the global foreign exchange trading volume traders also can not be informed of the Paris foreign exchange trading volume data Financial Center: Frankfurt  Average daily foreign exchange trading volume: unknown Global foreign exchange trading volume share: unknown In addition, we can also see from the Bank for International Settlements data, the U.S. dollar is still the most actively traded currency in the world, its volume occupies 87%, followed by the euro as the second most commonly traded currency, its share of transactions from 39% in 2010 down to 33%, the largest decline. The proportion of the Japanese yen is rising rapidly, and the proportion of the British pound continues to decline for 10 years