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Showing posts with the label futures exchange

What is Forex ?

  Forex: Forex means  Foreign Exchange Market . Foreign Exchange Market is where foreign currencies are bought or sold, and we trade currency pairs. Here, buyers and sellers are involved in the sale or purchase of currencies from different countries.  Forex market  is the world’s biggest, most liquid market with an average daily  trading  volume exceeding $5 trillion. Two types of a market in Forex Spot Market: Spot Market is a public financial market where financial currencies and  commodity  stocks are traded for immediate delivery. Delivery means that money exchange is a very spot transaction in this financial market. Very shortly, the spot market form of the investment period will be two or three days. Forward Market: Forward competition is a prospective investment in the market. This market is strategically dependent and standardized forward contracts are called  futures contracts  and traded on a  futures exchange . The time s...