OREX is what? 227899_f520 What is forex? Forex = Foreign Exchange: Foreign currency exchange / FX, often written as FOREX or FX or FX spot, and this is the largest financial market in the world, with the amount of money allocated daily services amounted to US $ 1.95 trillion (2006) and is now at around 4,000 billion (3.98 trillion US dollars, according to statistics from 2013). If you compare with the New York stock market 25 billion transactions per day, you can imagine how huge this market looks like. The market foreign exchange (Forex) is the currency market between the bank was established in 1971 when floating exchange rate are specified. The market is an operating range in which each country's currency is exchanged for another and is the place to do international business. Forex is a group of about 4,500 organizations currency transactions, banks international, central banks and government commercial companies. The payment for import and export as well as the sale of assets must be through the foreign exchange market. This is called the foreign exchange market "consumption". There was also speculation passages in the Forex company that is financially exposed to the vast overseas economies participate in FOREX to offset the risks of international investing. So "row chemical "what is the FOREX market? The answer is MONEY. Forex trading is the trading activity of this money to buy some and sell some other place on the same amount of time. Funds are traded through a broker or directly in pairs; for example EUR / USD or GBP / JPY. Activity FOREX trading can be complicated for many people because they can not purchase anything in the hands of the market. Simple you think buying one particular currency as the purchase of shares of one country. When you buy the Japanese Yen, you are affecting the foreign exchange rates of Japan and indirectly to Japan's economy, due to the dynamic value of money is a reflection of the market assessment of "health" in the present and the future of a country. Overall, rate of one currency versus other currencies is a reflection of the elements of an economy when compared with other economies. Unlike other financial market, FOREX does not have a financial center or any transaction. The foreign exchange market is the market "interbank", and based on electronic transactions between connected systems with different banks, and operates 24 hours a day, in the previous decade, only the "guy giant "this new market entry is. Minimum conditions if you want to trade during that time that you have to have 10 to 50 million dollars to start. FOREX launched initially aims to meet the needs of the banks and giant companies in the industry, not the "little guy". However, with the support of Internet magic, online trading system, the trading company was established to allow opening of the account "odd" to us. Today, the market brokers are allowed to break the large trading units and allows the transactions have the opportunity to buy and sell any number of smaller value (lots). commercial banks have two roles in the Forex market: 1. Making the transaction between the two parties easier, such as the company wants to exchange currencies (consumers). 2. Speculation by buying and selling currencies. The Bank has the role of certain currencies because they believe that in future we will have higher prices (if buying stocks) and lower (if sold soon). One statistic that 70% of the annual profit international banks generated from currency speculation. The other speculation includes the most successful traders in the world for example George Soros. Type 3 of the Forex include central banks of other countries banks like the US Federal Reserve. They participate in Forex to ensure financial returns of their country. When central banks buy and sell foreign currency or currencies, the aim is to maintain the value of their country's currency. Forex is very wide and there are so many people involved, not one person, only the bank the central government can control the market. Compared with the average daily trading 300 billion of government bonds market and about 100 billion dollars are traded on the US stock market, the Forex huge because surpassed 1.9 trillion dollars per day ( 2006). the "market" is a misnomer in describing gently Forex trading. There is no central location for trading activity as it had in the currency market in the future. Trading is done by telephone and via the computers at hundreds of locations around the world. Most transactions were made between approximately 300 large international banks where property transactions for large companies, governments, and for their own account. These banks continue to offer price ( "bid" to buy and "ask" to sell) together and
đang được dịch, vui lòng đợi..
