3 ms·
Forex market are highly leveraged so it is better to compare them to Bitcoin Futures then. Bitcoin Futures have about $7 bil of volume today for $133 bil market
by account73466 7y ago
Forex market are highly leveraged so it is better to compare them to Bitcoin Futures then. Bitcoin Futures have about $7 bil of volume today for $133 bil market cap (so the factor is similar). Obviously, trillions and billions are not on the same scale and I have no clue whether the factor should remain the same.
- NovemberWhiskey 7y ago> Forex market are highly leveraged Not really: spot and outright forwards are about $3tn of daily turnover in the OTC forex markets; with forex swaps amounting to about another $3.2tn. There is about $100tn notional of OTC forex derivatives outstanding, but the actual total market value is only about $2.2tn. Exchange-traded forex futures and options have barely $170bn of daily average turnover of notional. (all numbers courtesy of the Bank for International Settlements)