Global Foreign Exchange Market Report 2024

Foreign Exchange Global Market Report 2024 – By Counterparty (Reporting Dealers, Other Financial Institutions, Non-Financial Customers), By Trade Finance Instruments (Currency Swaps, FX Options), By End User (Individuals, Retailers, Corporate Institutes, Government, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Foreign Exchange Global Market Report 2024

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Foreign Exchange Market Definition

Foreign exchange refers to the exchange of one currency for another at a predetermined rate, or foreign exchange rate. The foreign securities market, with a nominal worth of trillions of dollars, is made up primarily of foreign exchange markets. These are used in currency pairings that are valued one against the other.

The main counterparties in foreign exchange are reporting dealers, other financial institutions, and non-financial customers. Reporting dealers refers to financial institutions that are active participants in the local and international derivatives and foreign exchange markets. There are some trade finance instruments, such as currency swaps and FX options, with some end users, including individuals, retailers, corporate institutes, and governments.

Foreign Exchange Market Segmentation

The foreign exchange market covered in this report is segmented –

1) By Counterparty: Reporting Dealers, Other Financial Institutions, Non-Financial Customers

2) By Trade Finance Instruments: Currency Swaps, FX Options

3) By End User: Individuals, Retailers, Corporate Institutes, Government, Other End Users

Global Foreign Exchange Market Size 2023 to 2028: Graph

Foreign Exchange Market Size 2024 And Growth Rate

The foreign exchange market size has grown strongly in recent years. It will grow from $752.66 billion in 2023 to $795.91 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to globalization and international trade, interest rate differentials, government policies and monetary interventions, speculation and investment flows, balance of payments and economic indicators.

Foreign Exchange Market Growth Forecast

The foreign exchange market size is expected to see strong growth in the next few years. It will grow to $1023.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to political and geopolitical developments, commodity prices and resource exports, pandemic recovery and risk appetite, inflationary pressures, emerging market dynamics. Major trends in the forecast period include rise of retail forex trading, enhanced risk management strategies, global economic recovery impact, focus on ESG (environmental, social, governance), technological infrastructure investments.

Foreign Exchange Market Driver: The Impact Of Surging International Transactions On The Growing Foreign Exchange Market

The surge in international transactions is significantly contributing to the growth of the foreign exchange market going forward. International transactions refer to transactions involving two or more related businesses in which at least one party is a non-resident. Increased global trade and international transactions increase the size and activity of the foreign exchange market. For instance, according to a 2022 report published by the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization that promotes the interests of developing countries in world trade, the value of global trade and international transactions reached $28.5 trillion in 2021. Therefore, a surge in international transactions will drive the foreign exchange market.

Foreign Exchange Market Driver: Impact Of Increasing Terrorism Threats On The Foreign Exchange Market

The increasing terrorism threats is expected to propel the growth of the foreign exchange market going forward. Terrorism threats refer to the potential risks and dangers posed by individuals, groups, or organizations that engage in acts of terrorism. Terrorism events can lead to a rise in safe-haven demand for currencies, increased geopolitical and economic risks, monetary policy responses, international cooperation and information sharing, counter-terrorism financing initiatives, and flight to safe havens. For instance, in March 2023, according to ReliefWeb, a US-based specialized digital service of the UN Office for the Coordination of Humanitarian Affairs (OCHA), as opposed to 2021, when there were an average 1.3 fatalities per terrorist attack, there were on average 1.7 fatalities per attack in 2022. Therefore, the increasing terrorism threats is driving the growth of the foreign exchange market.

Global Foreign Exchange Market Major Players

Major companies operating in the foreign exchange market report are JPMorgan Chase and Co., Citibank N. A., HSBC Holdings plc, BNP Paribas Société Anonyme, The Goldman Sachs Group Inc., UBS Group AG, Deutsche Bank AG, The Bank of Nova Scotia, Barclays plc, State Bank Of India, Standard Chartered plc, State Street Corporation, Royal Bank of Scotland plc, Commonwealth Bank of Australia, Interactive Brokers Group LLC, eToro Group Limited, Saxo Bank A/S, Swissquote Group Holding SA, CMC Markets plc, GAIN Capital Holdings Inc., IG Group Holdings plc, AvaTrade Ltd., City Index Limited, OANDA Corporation, Alpari UK Limited, Admiral Markets Ltd., Pepperstone Group Limited, Dukascopy Bank SA, Octa Markets Incorporated, FxPro UK Limited

Global Foreign Exchange Market Trend: Ebixcash Limited Takes The Lead In Foreign Exchange Market With Innovative Self-Booking Corporate Tool

Product innovation is the key trend gaining popularity in the foreign exchange market. Major companies operating in the foreign exchange market are focusing on launching new innovative foreign exchange platforms. For instance, in July 2022, EbixCash Limited, an India-based financial and insurance technology company launched self-booking corporate tool. This tool helps business clients create personalized notifications and management information systems (MIS) for all related activities. It does this by offering a range of hassle-free and smooth foreign exchange services. In order to improve efficiency in the booking and maintenance of foreign exchange services, the SBT provides features such as online invoice management, real-time order updates, and an approval matrix setup for corporate clients.

Global Foreign Exchange Market Trend: Revolutionizing The Foreign Exchange Market With Universal FX A Next-Generation Platform Redefining Global Currency Trading

Major companies operating in the foreign exchange market are developing new products such as next-generation foreign exchange platform to gain a competitive edge in the market. A foreign exchange platform is a digital software application or online system that facilitates the trading of currencies in the foreign exchange market. For instance, in October 2023, The BNY Mellon Corporation, a US-based financial services company launched Universal FX. The foreign exchange experience for clients worldwide is improved by Universal FX's ability to give access to both developed and emerging market currency execution. Customers can use this tool to manage their whole portfolio, regardless of whether they settle transactions, custody, or prime broker. Investment managers, corporates, hedge funds, and wealth managers are just a few of the businesses it serves. The platform expands on the OneFX suite of products and banking capabilities for all FX trading, hedging, and cross-border payment activities.

Foreign Exchange Market Merger And Acquisition:

Rostro Group Expands Investment Portfolio With Acquisition Of Scope Markets Group Adding Forex Trading Capabilities

In January 2023, Rostro Group, a US-based capital holdings company focusing on digital assets and capital markets, acquired Scope Markets Group for an undisclosed amount. This acquisition has added foreign exchange trading to Rostro’s portfolio of investments. Scope Markets Group, a Belize-based financial trade and forex services company.

Regional Insights For The Global Foreign Exchange Market

North America was the largest region in the foreign exchange market in 2023. The regions covered in the foreign exchange market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the foreign exchange market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The foreign exchange market consists of revenues earned by entities by selling foreign exchange services (e.g. trading programs & advisory service, currency exchange & remittance service and professionally managed accounts service). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The foreign exchange market research report is one of a series of new reports from The Business Research Company that provides foreign exchange market statistics, including foreign exchange industry global market size, regional shares, competitors with a IoT insurance market share, detailed foreign exchange market segments, market trends and opportunities, and any further data you may need to thrive in the foreign exchange industry. This foreign exchange market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Foreign Exchange Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $795.91 billion
Revenue Forecast In 2033 $1023.91 billion
Growth Rate CAGR of 6.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Counterparty: Reporting Dealers, Other Financial Institutions, Non-Financial Customers
2) By Trade Finance Instruments: Currency Swaps, FX Options
3) By End User: Individuals, Retailers, Corporate Institutes, Government, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled JPMorgan Chase and Co.; Citibank N. A.; HSBC Holdings plc; BNP Paribas Société Anonyme; The Goldman Sachs Group Inc.; UBS Group AG; Deutsche Bank AG; The Bank of Nova Scotia; Barclays plc; State Bank Of India; Standard Chartered plc; State Street Corporation; Royal Bank of Scotland plc; Commonwealth Bank of Australia; Interactive Brokers Group LLC; eToro Group Limited; Saxo Bank A/S; Swissquote Group Holding SA; CMC Markets plc; GAIN Capital Holdings Inc.; IG Group Holdings plc; AvaTrade Ltd.; City Index Limited; OANDA Corporation; Alpari UK Limited; Admiral Markets Ltd.; Pepperstone Group Limited; Dukascopy Bank SA; Octa Markets Incorporated; FxPro UK Limited
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    Table Of Contents

    1. Executive Summary

    2. Foreign Exchange Market Characteristics

    3. Foreign Exchange Market Trends And Strategies

    4. Foreign Exchange Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Foreign Exchange Market Size and Growth

    5.1. Global Foreign Exchange Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Foreign Exchange Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Foreign Exchange Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Foreign Exchange Market Segmentation

    6.1. Global Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Reporting Dealers

    Other Financial Institutions

    Non-Financial Customers

    6.2. Global Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Currency Swaps

    FX Options

    6.3. Global Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Individuals

    Retailers

    Corporate Institutes

    Government

    Other End Users

    7. Foreign Exchange Market Regional And Country Analysis

    7.1. Global Foreign Exchange Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Foreign Exchange Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Foreign Exchange Market

    8.1. Asia-Pacific Foreign Exchange Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Foreign Exchange Market

    9.1. China Foreign Exchange Market Overview

    9.2. China Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Foreign Exchange Market

    10.1. India Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Foreign Exchange Market

    11.1. Japan Foreign Exchange Market Overview

    11.2. Japan Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Foreign Exchange Market

    12.1. Australia Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Foreign Exchange Market

    13.1. Indonesia Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Foreign Exchange Market

    14.1. South Korea Foreign Exchange Market Overview

    14.2. South Korea Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Foreign Exchange Market

    15.1. Western Europe Foreign Exchange Market Overview

    15.2. Western Europe Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Foreign Exchange Market

    16.1. UK Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Foreign Exchange Market

    17.1. Germany Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Foreign Exchange Market

    18.1. France Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Foreign Exchange Market

    19.1. Italy Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Foreign Exchange Market

    20.1. Spain Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Foreign Exchange Market

    21.1. Eastern Europe Foreign Exchange Market Overview

    21.2. Eastern Europe Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Foreign Exchange Market

    22.1. Russia Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Foreign Exchange Market

    23.1. North America Foreign Exchange Market Overview

    23.2. North America Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Foreign Exchange Market

    24.1. USA Foreign Exchange Market Overview

    24.2. USA Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Foreign Exchange Market

    25.1. Canada Foreign Exchange Market Overview

    25.2. Canada Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Foreign Exchange Market

    26.1. South America Foreign Exchange Market Overview

    26.2. South America Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Foreign Exchange Market

    27.1. Brazil Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Foreign Exchange Market

    28.1. Middle East Foreign Exchange Market Overview

    28.2. Middle East Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Foreign Exchange Market

    29.1. Africa Foreign Exchange Market Overview

    29.2. Africa Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Foreign Exchange Market Competitive Landscape And Company Profiles

    30.1. Foreign Exchange Market Competitive Landscape

    30.2. Foreign Exchange Market Company Profiles

    30.2.1. JP Morgan Chase & Co.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Citibank N. A.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. HSBC Holdings plc

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. BNP Paribas Société Anonyme

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. The Goldman Sachs Group Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Foreign Exchange Market Other Major And Innovative Companies

    31.1. UBS Group AG

    31.2. Deutsche Bank AG

    31.3. The Bank of Nova Scotia

    31.4. Barclays plc

    31.5. State Bank Of India

    31.6. Standard Chartered plc

    31.7. State Street Corporation

    31.8. Royal Bank of Scotland plc

    31.9. Commonwealth Bank of Australia

    31.10. Interactive Brokers Group LLC

    31.11. eToro Group Limited

    31.12. Saxo Bank A/S

    31.13. Swissquote Group Holding SA

    31.14. CMC Markets plc

    31.15. GAIN Capital Holdings Inc.

    32. Global Foreign Exchange Market Competitive Benchmarking

    33. Global Foreign Exchange Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Foreign Exchange Market

    35. Foreign Exchange Market Future Outlook and Potential Analysis

    35.1 Foreign Exchange Market In 2028 - Countries Offering Most New Opportunities

    35.2 Foreign Exchange Market In 2028 - Segments Offering Most New Opportunities

    35.3 Foreign Exchange Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Foreign Exchange Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Foreign Exchange Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: JP Morgan Chase & Co. Financial Performance
  • Table 75: Citibank N. A. Financial Performance
  • Table 76: HSBC Holdings plc Financial Performance
  • Table 77: BNP Paribas Société Anonyme Financial Performance
  • Table 78: The Goldman Sachs Group Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Foreign Exchange Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Foreign Exchange Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Foreign Exchange Market, Segmentation By Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Foreign Exchange Market, Segmentation By Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Foreign Exchange Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: JP Morgan Chase & Co. Financial Performance
  • Figure 75: Citibank N. A. Financial Performance
  • Figure 76: HSBC Holdings plc Financial Performance
  • Figure 77: BNP Paribas Société Anonyme Financial Performance
  • Figure 78: The Goldman Sachs Group Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the foreign exchange market?

Foreign exchange refers to the exchange of one currency for another at a predetermined rate, or foreign exchange rate. The foreign securities market, with a nominal worth of trillions of dollars, is made up primarily of foreign exchange markets. These are used in currency pairings that are valued one against the other. For further insights on the foreign exchange market, request a sample here

How will the foreign exchange market drivers and restraints affect the foreign exchange market dynamics? What forces will shape the foreign exchange industry going forward?

The foreign exchange market major growth driver - the impact of surging international transactions on the growing foreign exchange market. For further insights on the foreign exchange market, request a sample here

What is the forecast market size or the forecast market value of the foreign exchange market ?

The foreign exchange market size has grown strongly in recent years. It will grow from $752.66 billion in 2023 to $795.91 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to globalization and international trade, interest rate differentials, government policies and monetary interventions, speculation and investment flows, balance of payments and economic indicators. The foreign exchange market size is expected to see strong growth in the next few years. It will grow to $1023.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to political and geopolitical developments, commodity prices and resource exports, pandemic recovery and risk appetite, inflationary pressures, emerging market dynamics. Major trends in the forecast period include rise of retail forex trading, enhanced risk management strategies, global economic recovery impact, focus on ESG (environmental, social, governance), technological infrastructure investments. For further insights on the foreign exchange market, request a sample here

How is the foreign exchange market segmented?

The foreign exchange market is segmented
1) By Counterparty: Reporting Dealers, Other Financial Institutions, Non-Financial Customers
2) By Trade Finance Instruments: Currency Swaps, FX Options
3) By End User: Individuals, Retailers, Corporate Institutes, Government, Other End UsersFor further insights on the foreign exchange market,
request a sample here

Which region has the largest share of the foreign exchange market? What are the other regions covered in the report?

North America was the largest region in the foreign exchange market in 2023. The regions covered in the foreign exchange market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the foreign exchange market, request a sample here.

Who are the major players in the foreign exchange market?

Major companies operating in the foreign exchange market report are JPMorgan Chase and Co., Citibank N. A., HSBC Holdings plc, BNP Paribas Société Anonyme, The Goldman Sachs Group Inc., UBS Group AG, Deutsche Bank AG, The Bank of Nova Scotia, Barclays plc, State Bank Of India, Standard Chartered plc, State Street Corporation, Royal Bank of Scotland plc, Commonwealth Bank of Australia, Interactive Brokers Group LLC, eToro Group Limited, Saxo Bank A/S, Swissquote Group Holding SA, CMC Markets plc, GAIN Capital Holdings Inc., IG Group Holdings plc, AvaTrade Ltd., City Index Limited, OANDA Corporation, Alpari UK Limited, Admiral Markets Ltd., Pepperstone Group Limited, Dukascopy Bank SA, Octa Markets Incorporated, FxPro UK Limited For further insights on the foreign exchange market, request a sample here.

What are the key trends in the foreign exchange market?

Major trend in the foreign exchange market - revolutionizing the foreign exchange market with universal fx a next-generation platform redefining global currency trading. For further insights on the foreign exchange market, request a sample here.

What are the major opportunities in the foreign exchange market? What are the strategies for the foreign exchange market?

For detailed insights on the major opportunities and strategies in the foreign exchange market, request a sample here.

How does the foreign exchange market relate to the overall economy and other similar markets?

For detailed insights on foreign exchange market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the foreign exchange industry?

For detailed insights on the mergers and acquisitions in the foreign exchange industry, request a sample here.

What are the key dynamics influencing the foreign exchange market growth? SWOT analysis of the foreign exchange market.

For detailed insights on the key dynamics influencing the foreign exchange market growth and SWOT analysis of the foreign exchange industry, request a sample here.