The foreign exchange market (forex) is a group of more than 4700 institutions such as: international banks, government central banks and commercial companies. Unlike many markets, the FX market is open 24 hours per day. Global daily forex turnover is estimated to be over $2 trillion. This enormous turnover is more than the combination of all the worlds' stock markets on any given day. This tends to lead to a very liquid market and thus a desirable market to trade. The Forex Market (forex futures and options) is the largest financial market in the world.Tuesday, June 16, 2009
Global Marketplace - 24 Hours Trading
The foreign exchange market (forex) is a group of more than 4700 institutions such as: international banks, government central banks and commercial companies. Unlike many markets, the FX market is open 24 hours per day. Global daily forex turnover is estimated to be over $2 trillion. This enormous turnover is more than the combination of all the worlds' stock markets on any given day. This tends to lead to a very liquid market and thus a desirable market to trade. The Forex Market (forex futures and options) is the largest financial market in the world.
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