International Currency Markets

AAA

DEFINITION of 'International Currency Markets'

The market in which participants from around the world are able to buy, sell, exchange and speculate on different currencies. International currency markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, retail forex brokers and investors.

INVESTOPEDIA EXPLAINS 'International Currency Markets'

Because the international currency markets are large and liquid, it is thought that they are extremely efficient. International currency transactions do no occur on a single exchange, but in a global computer network of large banks and brokers from around the world.

VIDEO

RELATED TERMS
  1. Currency Pair

    The quotation and pricing structure of the currencies traded ...
  2. Forex Futures

    An exchange-traded contract to buy or sell a specified amount ...
  3. Daily Cut-Off

    In the forex market, a particular point in time specified by ...
  4. Interbank Market

    The financial system and trading of currencies among banks and ...
  5. Authorized Forex Dealer

    Any type of financial institution that has received authorization ...
  6. Cable

    Slang used among forex traders referring to the exchange rate ...
Related Articles
  1. A Primer On The Forex Market
    Options & Futures

    A Primer On The Forex Market

  2. Getting Started In Foreign Exchange ...
    Forex Education

    Getting Started In Foreign Exchange ...

  3. Getting Started In Forex Options
    Options & Futures

    Getting Started In Forex Options

  4. Commodity Prices And Currency Movements
    Forex Education

    Commodity Prices And Currency Movements

comments powered by Disqus
Hot Definitions
  1. Walras' Law

    An economics law that suggests that the existence of excess supply in one market must be matched by excess demand in another ...
  2. Market Segmentation

    A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will ...
  3. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  4. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  5. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  6. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
Trading Center