What’s mean the Forex?

Posted by admin on February 27, 2010 under Forex Knowledge | Be the First to Comment

WHAT MEAN FOREX

The FOREX(foreign exchange) is a interbank market established in 1971 .This market is the arena in which the currency of one country is exchanged for those of another and where settlements for international business are made.

The forex including interbank, government central banks andr commercial group.Payments for imports and exports flow through the forex markets,as well as payments for purchases and sales of assets.This is called the “consumer” forex market.There is also a “speculator” segment in the forex companies,which have large financial exposures to overseas economies participate in the foreign exchange market to offset the risks of  international investing.

FOREX FEATURES

• You can trading  24 hours a day
• You can forex trading online
• Forex is larger than all other financial markets combined

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