| Introduction to Forex |
| Forex, or Foreign Exchange, is the simultaneous exchange of one country's currency for that of another. Traders in the FOREX market wish to purchase or sell one currency for another wit |
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| The Forex Market |
| The foreign exchange market is the generic term for the worldwide institutions that exist to exchange or trade the currencies of different countries. It is loosely organized in two tiers: the retail t |
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| Market Players in the Forex Market |
| The players in the foreign exchange markets are speculators, corporations, commercial banks, currency brokers, and central banks. Corporations enter into the market primarily as hedgers; however, corp |
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| The Retail Participation |
| Until the late 1990's, large financial institutions dominated the Forex market. Over the last several years the market has witnessed a dramatic evolution, with independent firms offering direct acces |
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| Structure of the Market |
| The FOREX market is an over-the-counter market with no centralized exchange. Traders have a choice between firms that offer trade-clearing services.
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