Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

ICMA Exam FMFQ Topic 1 Question 75 Discussion

Actual exam question for ICMA's FMFQ exam
Question #: 75
Topic #: 1
[All FMFQ Questions]

Approximately what is the daily turnover in the global fx markets (in USD equivalent)?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Phuong at Jan 23, 2025, 03:08 PM

Limited Time Offer

25%

Off

Get Premium FMFQ Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Earlean
2 days ago
Hmm, this seems like a tricky one. I'll need to think carefully about the scale of the global forex market to narrow down the options.
upvoted 0 times
...
Josephine
7 months ago
I bet the person who wrote this question is rolling in the dough from the global FX markets. Lucky them!
upvoted 0 times
...
Avery
7 months ago
D, USD 50 trillion per day? Come on, that's gotta be a trick question. I'm sticking with B.
upvoted 0 times
Barrett
6 months ago
C) USD 5 trillion per day
upvoted 0 times
...
Vanna
6 months ago
B, USD 500 billion per day? That sounds more reasonable than USD 50 trillion per day.
upvoted 0 times
...
Lezlie
6 months ago
D) USD 50 trillion per day
upvoted 0 times
...
Rikki
7 months ago
C) USD 5 trillion per day
upvoted 0 times
...
Crista
7 months ago
B) USD 500 billion per day
upvoted 0 times
...
Lynelle
7 months ago
A) USD 5 billion per day
upvoted 0 times
...
Mirta
7 months ago
B) USD 500 billion per day
upvoted 0 times
...
Alaine
7 months ago
A) USD 5 billion per day
upvoted 0 times
...
...
Danica
8 months ago
I believe it's C) USD 5 trillion per day because the forex market is massive and trades in trillions.
upvoted 0 times
...
Taryn
8 months ago
I'm not sure, but I think it's between B) USD 500 billion per day and C) USD 5 trillion per day.
upvoted 0 times
...
Jade
8 months ago
That's a huge amount! I would go with C) USD 5 trillion per day too.
upvoted 0 times
...
Gayla
8 months ago
I'm totally lost on this one. Maybe I should've paid more attention in my economics class.
upvoted 0 times
...
Lizette
8 months ago
I'm going with C, USD 5 trillion per day. Seems like the most realistic option here.
upvoted 0 times
Willie
8 months ago
Yeah, I agree. The global fx market is massive.
upvoted 0 times
...
Edelmira
8 months ago
Yeah, that seems like the most likely answer.
upvoted 0 times
...
Vilma
8 months ago
I think C is the correct answer too. It's a huge market.
upvoted 0 times
...
Curtis
8 months ago
I think it's C too, USD 5 trillion per day.
upvoted 0 times
...
...
Esteban
8 months ago
I think it's C) USD 5 trillion per day.
upvoted 0 times
...
Serita
9 months ago
Whoa, USD 50 trillion per day? That's more money than I'll ever see in my lifetime!
upvoted 0 times
Scarlet
7 months ago
C) USD 5 trillion per day
upvoted 0 times
...
Dierdre
7 months ago
That's a mind-blowing amount of money!
upvoted 0 times
...
Kanisha
7 months ago
D) USD 50 trillion per day
upvoted 0 times
...
Darell
7 months ago
C) USD 5 trillion per day
upvoted 0 times
...
Breana
8 months ago
B) USD 500 billion per day
upvoted 0 times
...
Gretchen
8 months ago
A) USD 5 billion per day
upvoted 0 times
...
...

Save Cancel