ICMA Exam FMFQ Topic 2 Question 58 Discussion

Actual exam question for ICMA's Financial Markets Foundation Qualification exam

Question #: 58
Topic #: 2

[All Financial Markets Foundation Qualification Questions]

Approximately what is the daily turnover in the global fx markets (in USD equivalent)?

AUSD 5 billion per day

BUSD 500 billion per day

CUSD 5 trillion per day

DUSD 50 trillion per day

Show Suggested Answer

Suggested Answer: C

by Arlette at Jun 03, 2024, 05:33 AM

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Olga

4 months ago

That's a huge amount! I would go with C) USD 5 trillion per day too.

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Lashawnda

4 months ago

This question is making my head spin. Do they really expect us to know the exact daily turnover in the global FX markets?

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Beatriz

4 months ago

USD 50 trillion per day? That's like the entire GDP of several countries combined! I'm going with C.

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William

4 months ago

Definitely, it's mind-boggling to think about the scale of the global fx markets.

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Dalene

4 months ago

Yeah, that's a huge amount of money changing hands every day.

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Joye

4 months ago

I think it's C) USD 5 trillion per day.

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Mozelle

4 months ago

I think it's C) USD 5 trillion per day.

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Octavio

4 months ago

Wow, I didn't realize the global FX market was that massive! I better brush up on my financial trivia.

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Dorothea

3 months ago

C) USD 5 trillion per day

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Lelia

4 months ago

A) USD 5 billion per day

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Jesusa

4 months ago

C) USD 5 trillion per day

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Sharmaine

4 months ago

C) USD 5 trillion per day

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Luz

4 months ago

A) USD 5 billion per day

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Francine

4 months ago

A) USD 5 billion per day

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