RE: The 2 G's4 Mar 2024 10:52
7 trillion a day passes through FX every day. If Gst got 0.2% of that for example, (0.2% seems perfectly reasonable to me) that would be 14b, 0.2% in fees = 28m! 0.1% fees = 14m!
That's daily!
OK so say I'm being rampy, let's take that right down, 7t a day, Gst get 0.05% of that market = 3.5b, say 0.1% fees = 3.5m a day.
You could drop the %'s even lower to fees equalling 1m a day, even lower to make 500k a day.
Shows us just how huge this market is and how little a slice Gst need to get.
Do some figures, they are simply eye watering.