We already mentioned here how popular these infographics are becoming. It’s quite an easily designed but visually attractive presentation of a certain topic and many brokers use them when trying to explain what forex market is all about to their clients.
Boston Technologies recently reviewed the data passing through it’s system. While we never release customer or proprietary data, we have collected some interesting bits of information that we thought our customers and the FX industry in general would find valuable. All of this information is based solely on what flows through Boston Technologies’ platforms so it is not a snapshot of the industry in general, just of what Boston Technologies customers are doing.
FBS CopyTrade Launches a New Card Scanning Feature!Go to article >>
The first interesting piece of data is the Top 10 FX pairs:
EURUSD is such a popular pair that all of the other pairs in the TOP 10 combined only make up 86.97% of the volume seen with EURUSD. We saw a great deal of action among the Top 10 FX pairs and you can see that dynamic in the infographic below. Month over month there were peaks and valleys, sometimes matching, sometimes not, but despite the valleys, the peaks were great enough to see the total volume of trades grow by 11.22 times! We have included a list of notable global events that may have impacted FX trading as well as the Volitility Index.