Market Characteristics Largest financial market in the World -1.2 trillion Usd traded daily in 2001 Highly integrated Operates 24 hours a day London, New York and tokyo dominate the market activity (75%o of turnoverMarket Characteristics ◼ Largest financial market in the world – 1.2 trillion USD traded daily in 2001. ◼ Highly integrated. ◼ Operates 24 hours a day. ◼ London, New York and Tokyo dominate the market activity (75% of turnover)