The Power of Total Forex Trading Volumes in Currency Markets

The Power of Total Forex Trading Volumes in Currency Markets

Forex trading is the one of the most lucrative instruments in the financial markets. The currency market is a global, decentralized, over-the-counter market for trading currencies, making it the largest financial market as well. The flexibility of the market’s operational hours and the volatility of financial markets also present several advantages for the players. The total forex trading volume or market liquidity exceeds by threefold the combined total of the futures and stock markets. Developments Before the 1970s, retail investors could only access the foreign exchange market through banks that…