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The foreign exchange market is one of the most influential markets globally, with a daily trading volume of $6.6 trillion. The New York Stock Exchange, Nasdaq, and Tokyo Stock Exchange are the top three security markets with a combined daily trading volume of $300 billion. The market exists for various reasons beyond tourists changing money, and in this video, the reasons for its size and influence are explored, along with the conduct of trades and the value of the UK pound compared to other currencies.