Tuesday, October 21, 2008

forex

The foreign exchange (currency or forexor FX) market
exists wherever one currencyis traded for another.
It is by far thelargest 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 forexand related
markets currently is over US$3 trillion.[1] Retail traders
(individuals)are a small fraction of this market and
mayonly participate indirectly through brokersor
banks, and are subject to forex scams

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