Also known as "foreign countries"

Exchange "or" foreign exchange "market,

Is the largest financial market in the world,

On average, more than $6,543.8+0,500 billion of funds circulate in it every day.

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It is equivalent to more than 30 times the sum of all securities market transactions in the United States. Classification of foreign exchange transactions

From the nature and types of transactions, foreign exchange transactions can be divided into the following two categories:

1. Basic foreign exchange transactions to meet customers' real trade and capital trading needs;

2. On the basis of basic foreign exchange transactions, foreign exchange derivatives transactions are conducted to avoid and prevent exchange rate risks or for foreign exchange investment and speculative needs.

The basic foreign exchange transactions belonging to the first category are mainly spot foreign exchange transactions, while foreign exchange derivatives transactions include forward foreign exchange transactions, foreign exchange selective transactions, swap transactions, swap transactions and so on.

Foreign exchange transactions mainly include

2

One reason.

About daily trading volume

5%

Because companies and government departments buy or sell their products and services abroad,

Or, they must convert the profits earned overseas into local currency.

The other 95% transactions are for profit or speculation.

For speculators, the best trading opportunities are always those that are traded most often.

(

Therefore, the flow is the largest.

)

Money,

It is called the "major currency".

today，

About daily trading

85%

These are major currencies,

Including dollars, yen, euros, pounds, Swiss francs, Canadian dollars and Australian dollars.

This is a moment.

24

Hourly trading market,

Foreign exchange trading starts from Sydney every day.

As the earth rotates,

The business days of every financial center in the world will start in turn.

First Tokyo, then London and new york. Different from other financial markets, investors in foreign exchange trading can respond to foreign exchange fluctuations caused by economic, social and political events, whether during the day or at night.

The foreign exchange market is a super counter.

(

Officer training corps

)

Or "

In the bank

"the trading market,

Because in fact, foreign exchange transactions are reached by both parties through telephone or electronic trading network, unlike stock and futures trading markets,

It is not concentrated in one exchange.