CMGA Ventures
FX URL Project:
In terms of average daily turnover, the foreign exchange market is by far the largest market in the world at USD $7.506 trillion. Nothing else comes close.
The most heavily traded currency pair is EURUSD. It alone has average daily turnover of USD 1,706 billion¹. In comparison, the combined daily average turnover for all equities markets in the world sits at around USD 529 billion².
CMGA controls top level domain names (URLs) for the most traded currency pairs in the world. Based on the latest statistics from April 2022, the FX URLs controlled by CMGA correspond to currency pairs that make up nearly 65% of global average daily turnover in the FX market.
Our URLs
CMGA controls the following URLs:
- EURUSD.com
- USDJPY.com
- GBPUSD.com
- USDCNY.com
- AUDUSD.com
- USDHKD.com
- USDSGD.com
- EURJPY.com
- NZDUSD.com
The currency pairs that these URLs relate to account for average daily turnover of USD $4.86 trillion. This is equivalent to 64.75% of average daily turnover in the FX market¹.
Our Plan
We aim to develop websites for each of these URLs. Each site will provide information and analysis for the relevant currency pair, along with links to brokers that provide FX trading services.
While CMGA has the ability to develop these sites in-house, we recognise that partnering with others may accelerate the process. If you would like to discuss a possible collaboration in relation to the development of these URLs, please contact us.
Source:
1 – BIS Triennial Central Bank Survey 2022
2 – Electronic Order Book data from World Federation of Exchanges, 2023 Annual Statistics Guide
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