UK still on top, but Singapore pips Japan for third

 

Here's some interesting data from the recent survey on the forex market by the Bank for International Settlements (BIS).

"The United Kingdom maintained its lead as the world's foremost trading center with a 41 percent share followed by the United States at 19 percent. Singapore overtook Japan to become the world's third major trading center."

London's dominance is impressive, as is the emergence of Singapore.

Reason: