Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

ICMA Exam FMFQ Topic 5 Question 65 Discussion

Actual exam question for ICMA's Financial Markets Foundation Qualification exam
Question #: 65
Topic #: 5
[All Financial Markets Foundation Qualification Questions]

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

Show Suggested Answer Hide Answer
Suggested Answer: C

by Kristeen at Sep 08, 2024, 08:35 AM

Limited Time Offer

25%

Off

Get Premium FMFQ Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Dusti
1 days ago
I believe it's C) USD 5 trillion per day because it's the most commonly cited figure.
upvoted 0 times
...
Loren
7 days ago
Hmm, I'd say D. The global economy is huge, so it makes sense that the daily turnover in the forex markets would be in the tens of trillions. Maybe I can start my own currency and get in on the action.
upvoted 0 times
...
Xochitl
10 days ago
I'm not sure, but I think it's D) USD 50 trillion per day.
upvoted 0 times
...
Oretha
14 days ago
That's a huge amount! I would go with C) USD 5 trillion per day too.
upvoted 0 times
...
Shala
14 days ago
C'mon, USD 5 trillion per day? That's like the entire GDP of the world or something. I'm going with B, that sounds more reasonable.
upvoted 0 times
Celestine
7 days ago
I think it's actually USD 5 trillion per day, the forex market is huge.
upvoted 0 times
...
...
Son
25 days ago
Wow, that's a lot of money! I'm gonna have to do some serious forex trading to get a piece of that pie.
upvoted 0 times
Chau
8 days ago
C) USD 5 trillion per day
upvoted 0 times
...
Dacia
18 days ago
A) USD 5 billion per day
upvoted 0 times
...
...
Rory
1 months ago
I think it's C) USD 5 trillion per day.
upvoted 0 times
...

Save Cancel