Forex market is the largest financial market with millions of traders do the foreign exchange trading everyday. Forex trading is the exchange of one currency for another. The main currencies used in Forex trading are US dollar, Yen, and Euro. Other popular currencies are the British pound, Australian dollar, Swiss franc, Canadian dollar, and Swedish krona. For about five days per week around the clock all over the world, those currencies are traded by investors through Forex platform. Even though Forex is available for everyone, there are several traders who dominate the market. Here are the main players in Forex market. There are hundreds or banks whether big or small participating in Forex market. Their goal is to offset their own forex risks and that of their clients and increase wealth of their stock holders. Banks facilitate foreign exchange trading for their clients. Moreover, they also conduct speculative trades form their own trading desks. Each bank always has a trading desk in charge for order execution, market making, and risk management. In addition, it can also be to make profits of fluctuate currency. The role of central banks in the forex market is not to make profit but to facilitate government monetary policies. Central banks interventions are believed to have relation to domestic authorized monetary which can impact the exchange rate fluctuation. Central banks are also players for forex fixing through exchange rate regime. Floating, fixed and pegged are the types of exchange rate regimes used by the central banks to influence currency rate in market large extent. Investment managers and hedge funds are the second biggest trader after the banks. They trade for large account such as pension and endowment. Investment managers and hedge fund also make forex forex trade as well. Business and corporations naturally receive or make payment for goods and services by using forex. They require buying or selling foreign currency in their commercial or capital transactions which called as commercial traders. On the other hand, non-commercial traders are the one who considered speculators such as large institutional investors and others that trading in the forex market for the sake of capital gains. Market trader has the least amount of capitalization among other main player players forex market like banks or financial institutions. They trade currency market the fundamentals and forex factors. The goal of individual trader is only to gain profit. Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter. Players would like to hear from selected 3rd party offers. Copyright - Trading and Investment News. Part of CAS Media Group Ltd whose registered office is - Office 11A, Challenge House, Mitcham Road, Croydon, CR0 3AA. This website uses cookies: By continuing to browse this site you accept its Privacy Policy and Cookies. Forex Highlight by Bella Palmer on July 9, Banks There are hundreds or banks whether big or small participating in Forex market. Central Banks The role of central banks in the forex market is not to make profit but to facilitate government monetary policies. Individual Investors Individual trader has the least amount of capitalization among other main player in forex market like banks or financial institutions. The author Bella Palmer. Passionate about the Investment Market. I am also a keen Investor myself. Love to travel and dance. About us Advertise Privacy Forex Contact us Cookies Investment Tips Crowdfunding Sitemap. FIND ME ON SOCIALS. Close cookie popup This website uses cookies:
The rest of the night you can either relax at the hotel or walk around your hotel which is located near the West Lake providing a beautiful night scene.
Nor can it be used as the basis for any future employment decisions like layoffs or promotions.
The rest of the night you can either relax at the hotel or walk around your hotel which is located near the West Lake providing a beautiful night scene.
Bockmuehl is a member of Tyndale fellowship which means that he is generally conservative in his views and sympathetic to American evangelicals.