Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Gary H who wrote (18047)	4/18/2003 3:44:30 PM
From: Ahda	Respond to of 81023

It nicely done i watched it but here this little piece of trivia from Yahoo explains quite a bit. For October 2002, average daily dollar volume of equities traded on NYSE, NASDAQ, and AMEX combined amounted to approximately 70 billion USD. By contrast, U.S. Treasury securities traded at over 366 billion USD of daily volume at the end of 2002. Mutual fund shares, for all mutual fund types including bond and equity funds, still averaged only about 10 billion USD of share volume traded per day in 2001.1 As large as these markets are, however, the currency market dwarfs them. Currency traders in 2001 executed about 1.2 trillion USD worth of transactions per day, according to the Bank of International Settlements. The U.S. dollar was on one side of 90% of this volume. Assuming that these transactions are roughly the same average size as the remaining transactions that don't involve the dollar, the U.S. dollar may well be the most commonly traded security in the world. Would be a heck of mess if you had no buys.