Forex - FX

The foreign-exchange market ("forex" or "FX") is the place where currencies are traded.  The forex market is the largest, most liquid market in the world with an average traded value of approximately US$1 trillion to $1.5 trillion per day.


There is no central marketplace for currency exchange, rather, trade is conducted over-the-counter. It is open 24 hours a day, five days a week, with currencies being traded worldwide throughout the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney - spanning most time zones.



A Primer on the Forex Market - Moving from equities to currencies requires you to adjust how you interpret quotes, margin, spreads and rollovers.

Getting Started in Forex - Entering the forex requires defining what you need from your broker and from your strategy.

Getting Started in Forex Options - Stocks are not the only securities underlying options--learn how to use FOREX options for profit and hedging.

Devising A Medium-Term Forex Trading System - Here we go over a framework from which to build your own personalized but profitable strategy.
Related Terms

Currency

Currency Option

Exchange Rate

Foreign Currency Effects

Repatriation

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