Forex
The Foreign Exchange Market ( FOREX ) market is the international currency, it is the largest financial market in the world, because it is a market where buyers and sellers come together from all over the world.
The Forex market is a market in the traditional sense, ie the trading does not take place in a physical place, but it is an electronic market only, ie the trading takes place only via Internet or by telephone, 24 hours 24, Sunday ( hours 23.00) until the same time the following Friday.
Initially the market was reserved only for institutional players, such as banks, central banks, multinational companies and brokerage firms. Today Forex can operate individual private investors, but only by relying on specialized intermediaries. In this market operators from each other only exchange currency (= currency unit of account of the nation of belonging, for the U.S. Dollar, the Euro for Europe, yen for Japan, and so on).
The FOREX market arises because any economic transaction involving two operators of different nationalities must pass sooner or later, through the purchase and sale of currency. Over the last twenty years the role of pure speculation on FOREX has become increasingly important, so that today about 90% of transactions in this market are only speculative.
So again, the FOREX market is "over the counter" (OTC), ie has no place in a physical place, the exchanges take place only in an electronic, internet or telephone. The main players in this market are banks, brokers and central banks. Continuously from Sunday night until Friday night are on the market that brokers and banks that operate in the world open, this allows the FOREX to remain "open" 24 hours 24
The Forex is considered to be the largest financial market in the world for its huge currency trading. The earning potential in Forex are based on the fact that each national currency can be considered an asset, just as flour and sugar, so the currency is a medium of exchange, like gold or silver. Because then the rapid changes occurring in the world, the value of a currency changes abruptly than the other.
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