AUS,AUSFOREX, aussingapore foreign exchange platform ,Foreign exchange opening,Foreign exchange transaction,Online foreign exchange

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What is Forex?

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发表于 2018-8-21 10:57:52 | 显示全部楼层 |阅读模式
Foreign Exchange trading commonly referred to as Forex or FX is the exchange of one currency for another currency at an agreed price. The Forex market is the largest financial market in the world with over $5.4 trillion traded daily1, compare this with the approximate $34.52 billion daily average volume of the NYSE Listed Shares of the NYSE Group2.               
                    Over 85% of Forex trading is concentrated in the major currency pairs, which are combinations of the EUR, USD, JPY, GBP, CHF, AUD, CAD. The markets are at their most liquid during the London Trading Hours as over 38% of the global daily FX volume is transacted through the London Forex market3.

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