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Old 06-08-2003, 22:27   #1
ig1001
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How many FOREX traders worldwide?

Here's an open question: any ideas on how many forex traders, worldwide, are out there?

Home-based, institutional, in companies ... any guesses (informed or otherwise)?

Rob
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Old 08-08-2003, 12:32   #2
jpmorgan
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I'm not aware of any published figures. And I very much doubt that anone could state with certainity how many traders exist at each FX trading house, bank, private, currency exchange firms, etc.


But you might make a semi-educated guess by looking at the total volume.

The most recent figures on FX volume is mentioned in this thread:
http://www.moneytec.com/forums/_showthread/_threadid-3477/_s-

where $1.2 trillioon is quoted as the 2001 figure.
Giving $100 Billion per month.
As there are on average about 22.x trading days per month you get about

= $4,550,000,000 per day

And that is all currencies, I presume. So there can't be very many traders if the initial figure is correct.
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