Currency Trading - To identify the Forex market

Foreign Exchange Market - better known as foreign exchange - the worldwide market for buying and selling currencies.

It is a large number of transactions 24 hours a day, 5 days a week, handles. Nearly 1.5 trillion U.S. dollars a day markets (U.S. $) behind it. In comparison, the average S $ 300 billion in U.S. treasury bond market and U.S. $ 100 billion days, the day the stock market exchange.

Foreign exchange market in 1971 with the removal of the fixed currency was fixed. Currencies "on" rate values are determined by supply and demand. Foreign currency in 1970 from which grew rapidly, but with technological advances $ 70 billion to $ 1.5 trillion a day to the current level of 80 increased the level of foreign exchange trading.

Around 5000 international banks as foreign exchange trading institutions are government banks (such as the Federal Reserve SU) and commercial companies and agents for all types of foreign currency.

There is a central place in foreign currency - a major business partner in New York, Tokyo, London, Hong Kong, Singapore, Paris and Frankfurt is located in, and all business phone or on site. Trading market access in other countries to buy and sell products, but foreign currency traders who use the most activity in this market is to generate profits from small movements.

While many major players in foreign currency, recent changes in the law are available to thank you for small investors. Firstly, the minimum transaction size and traders had to meet strict financial requirements. With the advent of Internet trading, the rules changed to large interbank units are divided into many small parts.

Approximately $ 100,000 is a lot of value "for individual investors through a negotiable securities are available -" loans to business. Typically, 100:1 meaning that U.S. $ 1000 to $ 100,000 of currency control allows controlled by a lever.

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • Twitter
  • RSS

0 Response to "Currency Trading - To identify the Forex market"

Post a Comment