Foreign Exchange Market or Forex is the biggest financial market all over the world, it consists of almost trillion in daily volume and everyday this martket growth.
Rank | Name | Market share |
---|---|---|
1 | Deutsche Bank | 15.18% |
2 | Citi | 14.90% |
3 | Barclays Investment Bank | 10.24% |
4 | UBS AG | 10.11% |
5 | HSBC | 6.93% |
6 | JPMorgan | 6.07% |
7 | Royal Bank of Scotland | 5.62% |
8 | Credit Suisse | 3.70% |
9 | Morgan Stanley | 3.15% |
10 | Bank of America Merrill Lynch | 3.08% |
Another feature is its liquidity which surely distinguishes forex martket from the others. All trades concern the purchasing of one currency and the selling of another currency in the same time.