Saturday, October 3, 2009


Forex - International Monetary Market. The foreign exchange market is a network of financial institutions that serve international business transactions. It traded on various national currencies.

Forex no specific place and no private meeting between the players as they are in direct and regular contact with each other using different technical means

The transactions are conducted through computer terminals that are networked big banks (commercial banks) and brokerage houses.

Banks that specialize in FX, serving currency market as dealers, ie dealt as the expense of its clients and its own account.

In a developed modern world and modern information and communication network to speak of a single global currency market.

As the Internet and information technologies involved forex market and small investors, this has increased liquidity (turnover) and narrowing spreads (spread - the difference between offers to buy and sell) and reducing commissions.

Forex volume was 1.5 T dollars a day, compared to turnover of the U.S. stock market is only 300 billion dollars. Forex market is the largest and most liquid in the world.

Forex market works 24 hours a day, five days a week, money market closes only for public holidays and weekends.

FX Forex begins with the opening of the market in New Zealand, a little later, Australia and Singapore, followed by Japan, Europe and eventually the United States.

Thus any marketing forex currencies will be able to immediately react to good or bad messages and open or shut position comfortable for him now.

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