Did you know that forex exchange market is the largest financial market in the world and it is many times larger than of stock market?
It is no surprise that forex trading has taken off in Singapore over the past couple years. In this article we will share with you what forex trading is about.
What is Forex Trading?
As the business industry moves to being global, people and entities need negotiable tools to effectuate transactions.
Currencies have different values in different countries.
This dilemma is recognized by such as banks, hedge funds and investments managers make up the biggest participants in the forex trading.
Banks serve as the facilitators of trading for their clients, while hedge funds and investment managers have pension accounts and the likes involve in the market.
A portion of the player’s pie consists of individual traders or the …read more