| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
一项调查显示,伦敦在全球外汇市场的主导地位继续大幅上升,而纽约和日本的份额则在下滑。
London's dominance of the global foreign exchange market continues to grow sharply1 as the share of New York and Japan slips, a survey has revealed. The UK's share of foreign exchange trading volumes jumped from 31.3 per cent in April 2004 to 34.1 per cent in April 2007, the latest triennial survey from the Bank for International Settlements has revealed. This was more than double that of the US, its nearest rival, which saw its share of the market fall from 19.2 per cent to 16.6 per cent. The news of London's rising pre-eminence in the world's largest financial market will come as a fresh blow to New York, which has seen its position as a financial centre come under competitive2 pressure. Analysts3 said London's pre- eminent4 global position allowed currency investors5 to benefit from economies of scale. "The biggest investors like to trade where there is liquidity," said David Woo at Barclays Capital. "Once you obtain critical mass, it has a tendency to feed off itself." Mr Woo added that most of the world's large currency investors were now based in London. The city has also benefited as the preferred trading centre for Asian central banks, which have built up massive6 foreign exchange reserves in recent years. Analysts said London's time zone made it a much more convenient place for them to trade than the US. "London has always been seen as more international than the US, it's clear that it is staying ahead of the market," said Rob Close, chief executive7 of CLS Bank, which settles more than half of global currency trades. The survey showed that global average daily volumes on the foreign exchange markets exploded by 71 per cent from $1,880bn in April 2004 to $3,210bn in April 2007.
点击收听单词发音
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- 发表评论
-
- 最新评论 进入详细评论页>>