BIS survey of foreign exchange and OTC derivatives markets 201916.9.2019 19:00:00 EEST | Suomen Pankki
April 2019 saw the lowest daily turnover in the Finnish foreign exchange (FX) market since 2004. The average daily FX turnover for financial institutions operating in Finland declined to less than a half, from USD 13.5 billion in 2016 to USD 6.6 billion this year. A similar trend has also been observed in the other Nordic countries. Global FX trading, in turn, has increased by USD 1,500 billion (29%) from April 2016. This information comes from the triennial survey of foreign exchange and OTC derivatives markets conducted by the Bank for International Settlements (BIS) and implemented in Finland by the Bank of Finland.