Wednesday, July 29, 2009

AMAZING FACTS OF FOREIGN EXCHANGE MARKET

Following are the amazingness of foreign exchange market. Wow unique facts are underconstruction. The foreign exchange market is amazed because of:
  • its trading volumes,
  • the extreme liquidity of the market,
  • its geographical dispersion,
  • its long trading hours: 24 hours a day except on weekends (from 22:00 UTC on Sunday until 22:00 UTC Friday),
  • the variety of factors that affect exchange rates.
  • the low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes)
  • the use of leverage

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