What are the global foreign exchange market Overview of the main global foreign exchange market

At present, the world's major foreign exchange market is about more than 30, spread across the world's different countries and regions on all continents, can be divided into Asia, Europe, North America, Australia and other four major parts of the world, of which, the most important are Tokyo, Singapore and Hong Kong in Asia, Europe's London, Frankfurt, Zurich and Paris, the Americas, New York and Los Angeles, Sydney, Australia and so on.

The foreign exchange currencies traded in these markets are mainly the U.S. dollar, the euro, the Japanese yen, the British pound, the Swiss franc, the Canadian dollar, the Australian dollar, the New Zealand dollar and other currencies, other currencies are also bought and sold, but the number is very small.

1. London foreign exchange market

London foreign exchange market has been the world's largest foreign exchange trading center, the world's foreign exchange market trends have an important impact. As the world's oldest international financial center, the formation and development of the London foreign exchange market is also the world's earliest.

The London foreign exchange market transactions in a large variety of currencies, common on more than thirty kinds, including the largest trading scale for the pound against the U.S. dollar, followed by the pound against the euro, the U.S. dollar against the Swiss franc, U.S. dollars against the Japanese yen and other transactions.

2. New York foreign exchange market

New York foreign exchange market is the most active foreign exchange market in North America, but also the world's second-largest foreign exchange trading centers, but also the clearing center of the global dollar transactions, the world's foreign exchange trends have an important impact.

New York foreign exchange market daily trading volume is second only to London. In addition to the U.S. dollar, the major currencies traded in order of currency for the euro, the British pound, the Swiss franc, the Canadian dollar and the Japanese yen.

3. Zurich foreign exchange market

Zurich, Switzerland foreign exchange market is a long history and tradition of foreign exchange market, in the international foreign exchange transactions in an important position, and its trading volume in 2007 ranked third in the world.

Zurich foreign exchange market has a good organization and efficiency, the three major Swiss banks: UBS, Credit Suisse and UBS, is the backbone of the Zurich foreign exchange market.

4. Tokyo foreign exchange market

Tokyo foreign exchange market is Asia's largest foreign exchange trading center, and is currently the world's fourth largest foreign exchange trading center. Japan is a large trading country, importers and exporters of trade demand on the Tokyo foreign exchange market exchange rate fluctuations have a greater impact.

Tokyo foreign exchange market is more than 90% of the dollar against the yen trading, the yen against other currencies less trading. As the exchange rate changes are closely related to Japan's trade conditions, the Central Bank of Japan is extremely concerned about the exchange rate fluctuations of the U.S. dollar against the Japanese yen, and at the same time intervenes frequently in the foreign exchange market, which is an important feature of the market.

5. Singapore foreign exchange market

Singapore foreign exchange market is the "Asian dollar" market trading center, in 2007 among the world's foreign exchange trading volume of the fifth.

6. Hong Kong foreign exchange market

Hong Kong foreign exchange market in 2007 in the world foreign exchange trading rankings in the sixth place, is the third largest foreign exchange trading center in Asia. Hong Kong foreign exchange market is the development of the international foreign exchange market after the 1970s.

Since the abolition of foreign exchange control in Hong Kong in 1973, there has been a massive inflow of international capital, an increasing number of financial institutions operating foreign exchange business, and the foreign exchange market has become more and more active, which has led to the development of Hong Kong's foreign exchange market into an international foreign exchange market.

7. Frankfurt foreign exchange market

Frankfurt foreign exchange market is an important foreign exchange trading center in Europe, which is closely related to Germany's economic position in Europe. Frankfurt foreign exchange market is divided into pricing market and general market.

8. Sydney foreign exchange market

Sydney foreign exchange market is the most important foreign exchange market in Oceania, this is because Sydney is not only an important economic and cultural center of Australia, but also the most important financial center of the whole Oceania.

Sydney's geographic location is unique, which makes the Sydney forex market the earliest of the world's major foreign exchange markets to begin trading.