WORLD MONEY MARKETS
The financial world has traditionally been dominated by three major centres tokyo ,new york and london ,which hours the headquaters of stock exchanges multinational corporations and international banks . Their geographical location means that at any one time in a 24 hours day ,one major market is open for trading in shares ,currencies and commodies . Since the late 1980s ,technological advances have enabled transactions between financial centres to occur at ever greater speed and new markets have sprung up throughout the world .
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