The currency market handles the international exchange of currency on a global scale, ranging from individual investors to large financial institutions. Currency transactions that occur through an accredited board by the CFTC (Commodities Futures Trade Commission) are tracked and recorded. For decades, this market was widely used by banks and large corporations. The market has only recently been available to small and individual investors. The opportunity for big profits with quick turnaround is an incentive that attracts many investors, but this market is not for everyone. It's important to be equipped with the latest currency market information to understand how it operates.
By law, only an accredited exchange broker should conduct transactions on the international currency market. However, there are many market transactions made outside of accredited firms. If you are an investor trading on the market, it's vital that you protect your investment from potential fraud by trading only with accredited brokers.
Dwarfing the New York Stock Exchange, the currency exchange market has an average daily trading volume in the trillions. Compare that with the NYSE, whose trading volume is US$50 billion. The sheer volume of trading on the currency exchange comes from its high volume. This market trades 24 hours a day, 5 days per week, while the NYSE trades from 9am to 5pm EST, 5 days per week.
Trades in the currency market are not centralized, as they are on the NYSE. They can occur in several places simultaneously through any accredited broker in the world. Having the latest and most complete information makes all the difference in profitable investment returns. Global market information and an awareness of international trade can help you increase your profits.
For complete market information and resources, visit the Colt FX website.
Colt FX is a site that helps people get started on the currency market. You can get valuable information on this growing and dynamic field. To get started, visit http://www.coltfx.com/.
Reuters - Leaders of Southeast Asian nations have agreed to ease monetary policy and resist protectionism as they fight the financial crisis that is hurting their export-dependent economies, a draft statement showed.Forex Market Forex Trading Tools Foreign Currency Trading Forex
Unh Update 2 Unitedhealth Settles Payment Suits For 350 Million
Forex Ace System Review
Managed Forex Accounts
Advanced Automated Forex Trading Signal Software System
