Currency trading increased tremendously between 2004 and 2007 with daily trading volume jumping from $1.9 trillion to $3.2 trillion. Which of the following do experts think was a major driving force behind the increased daily volume?
A) increased activity by specialized investment groups such as hedge funds
B) institutional investors holding more internationally diversified portfolios thus requiring more currency transactions
C) increased use of technical computer-based trading
D) all of the above
Correct Answer:
Verified
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