You can get all the details from the wonderful ECB databank here. Of course, you won't find the totals there. They only give you the total values month by month, and country by country. But, if you put all the numbers into an excel sheet, and add them up (something that I have done), you get the following
- 2009 : €551,172 billion
- 2010 : €593.195 billion
- 2011 : €612,936 billion
- 2012 (Jan-Jul) : €401,722 billion
Here's a table showing the breakdown country by country
Germany is obviously doing a lot for the levels of transactions, with a whopping €721 trillion - well done Germany! But France, Spain and the Netherlands aren't doing badly either, with over €300 trillion each.
One country is very notable by its absence - the UK. They don't want to join up with those in Continental Europe. So we can certainly add some more eye watering numbers for CHAPS (who had processed a total of 1 quadrilion pounds by the 25th of July 2011) , CLS Ltd ($4.8 trillion a day in 2011), NYSE Liffe (who managed €2.67 trillion in a single day on the 13th of January this year) as well as many others.
The moral to all this? Well, just imagine if the 0.1% Financial transaction tax had been in place since 2009. The TARGET system alone would have generated something like €2 trillion in revenue for Europe.
And we are told that there is no money about. Something tells me that someone is pulling the wool over our eyes.