the currencies in the world. Differences Between Forex and Other Markets There are some major differences between the forex and other markets: Fewer rules : This means investors aren't held to as strict standards or regulations as those in the stock, futures or options markets. During the Christmas and Easter season, some spot trades can take as long as six days to settle. That's what happens at a foreign exchange kiosk think of a tourist visiting Times Square in New York City from Japan. He may be converting his (physical) yen to actual.S.
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Bank for International Settlements, which is owned by 60 central banks, and is used to work in monetary and financial responsibility. Australian Dollar (AUD)Canadian Dollar (CAD)Euro (EUR)Japanese Yen (JPY)Pakistan Rupee (PKR)U.A.E Dirham (AED)UK Pound Sterling (GBP)US Dollar (USD) Afghanistan Afghanis (AFN)Albania Leke (ALL)Algeria Dinars (DZD)Argentina Pesos (ARS)Bahamas Dollars (BSD)Bahrain Dinar (BHD)Bangladesh Taka (BDT)Barbados Dollars (BBD)Bermuda Dollars (BMD)Brazil Reais (BRL)Bulgaria Leva (BGN)CFA bceao Francs (XOF)CFA beac Francs. The forex is the largest market in the world in terms of the total cash value traded, and any person, firm or country may participate in this market. Dollar is the most actively traded currency. But in the world of electronic markets, traders are usually taking a position in a specific currency, with the hope that there will be some upward movement and strength in the currency they're buying (or weakness if they're selling) so they can make a profit. Market moves are driven by a combination of speculation, especially in the short term ; economic strength and growth; and interest rate differentials. A forward is a tailor-made contract: it can be for any amount of money and can settle on any date that's not a weekend or holiday.
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