BIS: overall FX volumes increase to $6.6 trillion as London trading soars

While the UK capital reinforces its prominence in FX markets, trading in Asian currencies heats up

London skyline at sunset
2019 BIS survey: London boosts share of overall FX trading to 43.1%, ahead of New York’s 16.5%

Against a backdrop of record low volatility and heightened trade tensions between the US and China, overall trading volumes in foreign exchange markets rose to a worldwide daily average of $6.6 trillion this year, a 30% increase on the $5.1 trillion figure from 2016, the latest triennial FX survey published by the Bank for International Settlements (BIS) reveals today.

The report marks the first rise in FX volumes since 2013, after the drop seen in the 2016 survey.

London reinforced its

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: