The inter-bank foreign exchange market is a wholesale foreign exchange market, where traders of large banking institutions conduct foreign exchange transactions. Other participants are hedge funds or trading companies, and the transaction volume is also large, which is also part of the inter-bank foreign exchange market.
The goal of the inter-bank foreign exchange market is to provide liquidity for other market participants and collect information about capital flows. Large financial institutions can directly enter the inter-bank foreign exchange market through the inter-bank electronic foreign exchange trading platform.