Trivia: Think Big
Woke up this morning wondering what the average daily dollar volume exchanged/turnover in the global capital markets is. Can someone give me an educated guess. My guess is north of a $100 trillion.
This would include all money that exchanges hands (e.g., FX, commerce, hard assets, equities, bonds, bank transfers, etc.)
I think FX on its own is $2 trillion daily.
It is pretty exciting to think about. $X trillion wakes up with you in the morning and moves by the time you go to bed.