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Global
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Global
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- Book
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The Foreign Exchange Trading market is a decentralized global market for the trading of currencies. It is the largest and most liquid financial market in the world, with an average daily trading volume of over $5 trillion. It is open 24 hours a day, five days a week, and provides access to a wide range of currency pairs.
The Foreign Exchange Trading market is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail investors. Participants in the market use various strategies to speculate on the direction of exchange rates and to hedge against currency risk.
Some of the major players in the Foreign Exchange Trading market include Bank of America, Citigroup, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, UBS, and Wells Fargo. Other participants include hedge funds, retail brokers, and individual investors. Show Less Read more
