Mumbai in world's top-ten financial flow league

cific, Middle East and Africa (APMEA) region boasts of three cities which got included in the premier league -- Tokyo, Seoul and Mumbai due to their high trading volumes in bonds and equities," Mastercard Worldwide said in its first Worldwide Centres of Commerce Index study.

The list is, dominated by European cities with as many as five of the top ten positions on financial flow metrics.

The financial services network includes the presence and intensity of global banking institutions, insurance companies and global securities companies.