What is Forex?

Tuesday, March 23, 2010

Foreign exchange market is also called "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or simply referred to as "Spot" is the largest financial market in the world with a trading volume of over 4 billion dollars a day. If we compare this amount to 25 billion dollars a day trading volume on trade in New York Stock Exchange, then you can easily see how it changes. This could mean that the Forex is more than three times the total number of combinations of stocks and futures markets!

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