Sunday, July 3, 2011

What is a FOREX market?

The FOREX market, a market for buying, exchanging, selling and speculating on currencies internationally, forms the biggest financial market in the world. It processes trillions of dollars in daily transactions. According to the Taipan Publishing group website, participants in the FOREX market include banks, central banks, commercial companies,  hedge funds, investment management firms, investors and retail forex brokers.


Taipan Publishing Group: General Investment Glossary: Forex Market, June 2011
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