Interbank Currency TradingWhat is Forex Trading?
Forex, or Foreign Exchange, is the simultaneous exchange of one country's cash for that of another. This market of exchange has a large amount of daily volume, both homeowners and sellers, than any other in the world. Taking place in the critical financial experts across the globe, the forex market is open 24-hours a day. Interbank Currency Trading
Currencies are quoted in pairs. The first listed currency is known as the base currency, while the second is called the counter or quote currency. In the wholesale market, currencies are quoted using five significant numbers, with the last placeholde
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