Market Size and Liquidity
Besides other financial markets like the New York Stock Exchange, the forex spot market has neither a physical location nor a central Location.
The forex market is considered an Over-the-counter (OTC) or "Interbank", market due to the fact that the entire market is run electronically, within a network of banks, continuously over a 24-hour period.
This means that the spot forex market is spread all over the globe with no central location. They can take place anywhere.
The forex Over-the-counter (OTC) market is the biggest and most popular financial market in the world, traded globally by a large number of individuals and organizations.
In the OTC market, participants determine who they want to trade with depending on trading conditions, attractiveness of prices, and reputation of the trading counterpart.
Belowing chart shows the ten most actively traded currencies.
The dollar is the most traded currency, taking up 84.9% of all transactions. The euro is second at 39.1%, the yen is third at 19.0%.
We can See The chart above that how much the U.S. dollar is traded in the forex market
একটি মন্তব্য পোস্ট করুন