Forex is also referred to as the trading market or the currency trading market. This is the most liquid market in the world. It has immense amount of liquidity as there is a lot of trading that is carried out. It is a very large market. It works for 24 hours for 5 days of the week. The weekends are off. London is the largest center for the trading market. In London the largest trading for currency goes on. The rates that are quoted for every currency are given by the trading market of London. The currency trading market is an over the counter type of market. Here the cross border regulations are also comparatively less. This market trades in a variety of currency instruments. There is no fixed rate for this market. There are a number of fluctuations that happen in this currency trading. There are a number of factor which affect this fluctuation. There are brokers and dealers in this market. Individuals cannot single handedly deal with the market here. There are not allowed to deal on an individual basis. The brokers are the one that help the clients to get the best deals. This is a low profit margin market.
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21st Mar 2011
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