What Make the Foreign Exchange Market Unique? - PowerPoint PPT Presentation

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What Make the Foreign Exchange Market Unique?


What Make the Foreign Exchange Market Unique? Go through the PPT to know about the Uniqueness of Forex Market. – PowerPoint PPT presentation

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Title: What Make the Foreign Exchange Market Unique?

What Make the Foreign Exchange Market Unique?
  • Currency what is the first thing that usually
    comes to mind when they hear this word?
  • Most likely, it is travel and when travelling it
    is very important to remember the different
    currencies that are used across the world. While
    travelling abroad, the most common currency that
    people make use of being the US Dollar as
    represented by the symbol .

Different Currencies Play a Significant Role
  • However, besides this it is also very important
    to remember that the different currencies play a
    significant role in global trading. Also known as
    the currency market or the foreign exchange
    market, this global, decentralized market is a
    place where the trading of different currencies
    occurs. It is this market, which determines the
    value of different currencies across the world.

Some of the main pointers which make the foreign
exchange market unique are
  • 1) It is a market that is open 24 hours a day,
    except weekends. The trading is from 22 hours GMT
    on Sunday till 22 hours GMT on Friday
  • 2) It has geographical dispersion
  • 3) It is the most important market that is
    accessible to every country
  • 4) The high trading volume represents the largest
    asset class in the world which leads to high
  • 5) There are many different factors which affect
    the exchange rates. It has volatile exchange
  • 6) Foreign exchange transactions are central to
    global commerce
  • 7) The foreign exchange market plays a role in
    assisting investments and trade by enabling
    currency conversion

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