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DEFINITION of 'Forex Club'

A national association of wholesale foreign exchange professionals dealers, brokers and treasury managers. The primary objectives of a forex club are education and networking for its members.

BREAKING DOWN 'Forex Club'

A national forex club is generally affiliated to Paris-based ACI The Financial Markets Association, an umbrella organization for wholesale financial market professionals. ACI was founded in 1955.

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RELATED FAQS
  1. How can I find an investment club in my area?

    Investment clubs have been around for several decades and are simply groups of people who get together to invest. While the ... Read Answer >>
  2. What is the average annual dividend yield of companies in the wholesale sector?

    Find out more about the wholesale sector, what the dividend yield measures and the average annual dividend yield for companies ... Read Answer >>
  3. What is the average debt/equity ratio of companies in the wholesale sector?

    Learn about the standard debt-to-equity ratios in the wholesale sector, and discover some of the many subindustries in the ... Read Answer >>
  4. Where is the central location of the forex market?

    There is no central location of the foreign exchange market, often referred to as the forex (FX) market. Transactions in ... Read Answer >>
  5. What types of accounts are available for forex trading?

    There are many different types of forex accounts available to the retail forex trader. Demo accounts are offered by forex ... Read Answer >>
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