Strongest year ever for forex
Both FXall and the Chicago Mercantile Exchange saw FX turnover double in December 2004 over the same period in 2003. FXall saw monthly trading volume of $512 billion in December – the first time it beat the half trillion barrier. Annual trading was up 104% to $4.9 trillion from $2.4 trillion in 2003. The platform also broke its record for trading on a single day, beating the $30 billion barrier on a number of days.
CME saw an average $40 billion per day volume in December, while notional trade
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