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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)?

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Suggested Answer: C

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

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Josephine
3 months ago
I bet the person who wrote this question is rolling in the dough from the global FX markets. Lucky them!
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Avery
3 months ago
D, USD 50 trillion per day? Come on, that's gotta be a trick question. I'm sticking with B.
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Barrett
2 months ago
C) USD 5 trillion per day
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Vanna
2 months ago
B, USD 500 billion per day? That sounds more reasonable than USD 50 trillion per day.
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Lezlie
2 months ago
D) USD 50 trillion per day
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Rikki
2 months ago
C) USD 5 trillion per day
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Crista
2 months ago
B) USD 500 billion per day
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Lynelle
3 months ago
A) USD 5 billion per day
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Mirta
3 months ago
B) USD 500 billion per day
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Alaine
3 months ago
A) USD 5 billion per day
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Danica
3 months ago
I believe it's C) USD 5 trillion per day because the forex market is massive and trades in trillions.
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Taryn
4 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.
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Jade
4 months ago
That's a huge amount! I would go with C) USD 5 trillion per day too.
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Gayla
4 months ago
I'm totally lost on this one. Maybe I should've paid more attention in my economics class.
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Lizette
4 months ago
I'm going with C, USD 5 trillion per day. Seems like the most realistic option here.
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Willie
3 months ago
Yeah, I agree. The global fx market is massive.
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Edelmira
4 months ago
Yeah, that seems like the most likely answer.
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Vilma
4 months ago
I think C is the correct answer too. It's a huge market.
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Curtis
4 months ago
I think it's C too, USD 5 trillion per day.
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Esteban
4 months ago
I think it's C) USD 5 trillion per day.
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Serita
4 months ago
Whoa, USD 50 trillion per day? That's more money than I'll ever see in my lifetime!
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Scarlet
3 months ago
C) USD 5 trillion per day
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Dierdre
3 months ago
That's a mind-blowing amount of money!
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Kanisha
3 months ago
D) USD 50 trillion per day
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Darell
3 months ago
C) USD 5 trillion per day
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Breana
4 months ago
B) USD 500 billion per day
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Gretchen
4 months ago
A) USD 5 billion per day
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