All about the business

Forex is foreign currency exchange market, the world’s largest financial trading market. The following features make this market different in compare to all other sectors of the world financial system:

• its trading volumes
• the extreme liquidity of the market
• its geographical dispersion
• its long trading hours: 24 hours a day (except on weekends)
• the variety of factors that affect exchange rates

The top 10 traders are:Citi,HSBC,Deutche Bank,UBS AG,Royal bank of Scotland,Bank of America,Barclays Capital,Goldman Sachs,JpMorgan and Morgan Stanley.They make 53% of all transactions.

finance currency, exchange, forex, market