About Forex Market.ca
Forex Market.ca was developed to help you the savvy investor make better investment choices in regards to the forex market. Investors into the foreign exchange market should know about the risk, and potential rewards.
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Forex Market Facts
Forex Market Fast Facts:
With over $2 trillion US traded every day, the worldwide forex market is the largest financial market in the world.
Forex markets are centred in the financial cities of New York, Tokyo, London and Singapore, but major banks around the world all partake in the market.
Other than weekends, the forex markets operate 24 hours a day.
Forex markets differ from traditional stock and bond markets because it is an over the counter market with no central exchange. All forex brokers and dealers negotiate directly with one another.
A forex market differs from a traditional stock market because a forex market is segmented into differing levels of access for participants. The top-level access is reserved for the inter-bank market, and the very largest investment banks dominate this top tier. Access to the forex market is determined by ‘line’ size – otherwise the total amount of money being traded in the forex market.