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| Forex - FX |
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The market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.
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There is no central marketplace for currency exchange; trade is conducted over the counter. The forex market is open 24 hours a day, five days a week, and currencies are traded worldwide among the major financial centers of London, New York, Tokyo, Zürich, Frankfurt, Hong Kong, Singapore, Paris and Sydney.
The forex is the largest market in the world in terms of the total cash value traded, and any person, firm or country may participate in this market.
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Arbitrage Authorized Forex Dealer Cross Currency Currency Option Currency Pair Decentralized Market Exchange Rate Foreign Currency Effects One-Touch Option Over-The-Counter - OTC
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