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Quantitative Finance · Glosario

¿Qué es Turnover velocity?

Definition 29.1 Markets III: Commodities, Energy and Crypto · Capítulo 29 — A Map of All Markets

The turnover velocity of a market is its daily turnover divided by the amount of the asset outstanding (or, for derivatives, the open interest): the share of the stock that changes hands each day.

Daily turnover of six markets on one logarithmic scale. The measures differ (the BIS counts all FX instruments net of double counting in April 2025; SIFMA averages US trading for 2026 to August; the crypto figures are one day’s volume on single venues), and the gap between the largest and the smallest is nearly four orders of magnitude. Data: .
Figure 29.1. Daily turnover of six markets on one logarithmic scale. The measures differ (the BIS counts all FX instruments net of double counting in April 2025; SIFMA averages US trading for 2026 to August; the crypto figures are one day’s volume on single venues), and the gap between the largest and the smallest is nearly four orders of magnitude. Data: Box 29.1.
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