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Forex
Essay specific features
Written by:
Henry B
Date added:
November 18, 2016
Level:
University
Grade:
A
No of pages / words:
4 / 974
Was viewed:
4168 times
Rating of current essay:
Essay content:
Euro/Dollar or Dollar/Yen).
FX Trading is not centralized on an exchange, as with the stock and futures markets. On the contrary, Forex market is considered an Over the Counter (OTC) or 'Interbank' market, due to the fact that transactions are conducted between two counterparts over the telephone or via an electronic network...
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However, the percentage of other market participants is rapidly growing, and now includes large multinational corporations, global money managers, registered dealers, international money brokers, futures and options traders, and private speculators.
One of the main advantages of Forex is that it is a true 24-hour market that begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, then London, and New York...
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