free trading
The increase in turnover is due to a number of factors: the growing importance of foreign exchange as an asset class, the increased trading activity of high frequency traders, and the emergence of retail investors as an important market segment. The growth of electronic execution and the diverse selection of execution venues has lowered transaction costs, increased market liquidity, and attracted greater participation from many customer types. In particular, electronic trading via online portals has made it easier for retail traders to trade in the foreign exchange market. By 2010, retail trading was estimated to account for up to 10% of spot turnover, or $150 billion per day see below: Retail foreign exchange traders. Foreign exchange is traded in an over the counter market where brokers/dealers negotiate directly with one another, so there is no central exchange or clearing house. The biggest geographic trading center is the United Kingdom, primarily London. According to TheCityUK, it is estimated that London increased its share of global turnover in traditional transactions from 34. 6% in April 2007 to 36. 7% in April 2010. Due to London's dominance in the market, a particular currency's quoted price is usually the London market price. For instance, when the International Monetary Fund calculates the value of its special drawing rights every day, they use the London market prices at noon that day.
forex brokers with fixed spreads
Learn forex tradingLearning about forex trading is the first step any successful trader takes.
currency day trading
This is an easy way to start trading Forex, yet it's doubtful as whether it can be a profitable one, especially in the long run.
Recent Updates
free trading