Foreign Exchange Market definition
A decentralized market where markets participants arrange to buy and sell currencies. It comprises banks, commercial entities, forex brokers, investors and central banks. It is the largest financial market on the planet.
Related words
Futures Contract ・ Fixed exchange rate ・ FRA ・ Forward Points ・ Forward ・ Foreign Exchange Market ・ Foreign Exchange Risk ・ Forex Charting Software・ Foreign funds
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