In 2015,approximately _______ of the daily foreign exchange transactions occurred outside of the spot market?
A)35 percent
B)60 percent
C)15 percent
D)75 percent

Question

Quizplus · Accepted Answer

According to the Bank for International Settlements (BIS) triennial survey of foreign exchange markets, in 2015, approximately 60 percent of the daily foreign exchange transactions occurred outside of the spot market. This includes transactions in derivatives, forwards, and options markets.

In 2015,approximately _______ of the Daily Foreign Exchange Transactions Occurred