Foreign Exchange Market
The principles of functioning of
currency markets are the same as all other markets. Here are traded
currencies,
financial instruments or the highest degree of liquidity. Currency is a legally binding means of payment in the countries concerned.
Debt market.
Foreign exchange market operates without interruption.
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Foreign Exchange Market |
Market opening in Europe coincides with the time of closure of Asian markets. Closure of the
market in Europe, turn coincides with the opening of
U.S. trading. Closing of the
American market is a market opening in
Australia, then in Asia, etc. So, a
No deposit forex foreign exchange market, it is fair to say that never sleeps. There is also a decentralized geographically and technically.
Debt market There are
Financial centers, and 90% of operations carried out between banks, without any intermediary. The remaining 10% of transactions are transactions of banks with their customers. You could say that the
foreign exchange market is the
largest financial market in the world - the daily turnover of approximately 1.6 trillion dollars.
Debt market.