Posts Tagged ‘foreign exchange’

Forex market

Forex market

Forex market

The foreign exchange market (also known as forex) is one of the largest markets in the world. With a daily turnover of $4 million is easy to see that. Products traded on forex include currencies, currencies future, currency swap and forex swap. The daily turnover is mostly based on foreign exchange swaps (around $1.8 million daily) and on spot transactions (about $1 million daily). (more…)