What is the largest financial market in the world measured in dollar-volume trade?

Question

Quizplus · Accepted Answer

The currency market, also known as the foreign exchange market, is the largest financial market in the world in terms of dollar-volume trade. It involves the buying and selling of currencies from different countries, with an average daily volume of over $5 trillion. It is larger than the U.S. stock markets, forward and swap currency markets, and the global market for loanable funds.

What Is the Largest Financial Market in the World Measured