London's Lead Widens As Top Trading Center Global Volume Up 50 Percent To $1 Trillion A Day
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London remains the largest center for foreign exchange trading, and has increased its market share over other centers, according to figures from the tri-annual survey of the markets conducted by major world central banks in April, which were released last week. Overall, the foreign exchange market volume grew from some $650 billion per day to an estimated $1 trillion per day, central bank officials say.
A definitive comparison between centers won't be available until early next year, when the
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