Foreign exchange market

From Wikipedia, the free encyclopedia.

The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another.

It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions.

The average daily trade in the global forex and related markets currently is over US$ 3 trillion. Retail traders (individuals) are a small fraction of this market and may only participate indirectly through brokers or banks, and are subject to forex scams ... more

Exchange Rates

• Currency band
• Exchange rate
• Exchange rate regime
• Fixed exchange rate
• Floating exchange rate
• Linked exchange rate

Markets - Foreign exchange market

• Futures exchange

Products

• Currency
• Currency future
• Non-deliverable forward
• Forex swap
• Currency swap
• Foreign exchange option

See also

• Bureau de change