Popularity of Forex trading is bringing hundreds, if not thousands, of new traders into the markets every day. Most of these new participants are introduced to currencies because they purchased a trading book, course or some other tool which promises to forecast which direction market will go in the future. All what's left do is to place trades and reap rewards. Forex trading is where the currency of one nation is traded for that of another. If you have been abroad on holiday or business you have already done it. You exchanged your domestic currency for that of the currency of the country you were travelling to.
Financial institutions saw a new opportunity to make money from the increased size and volatility of the forex market. Today only a fraction of currency trading is directly related to the original purpose of facilitating cross-border trade: the rest is speculative.
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The fastest way to share someone else's Tweet with your followers is with a Retweet. Tap the icon to send it instantly. The probity of this public information is very important, as it is the peg on which many other financial markets depend. The list of tradeable share CFDs will be gradually extended to include most liquid shares from all major stock markets around the world.
Turnover of exchange-traded foreign exchange futures and options has grown rapidly in recent years, reaching $166 billion in April 2010 (double the turnover recorded in April 2007). As of April 2016, exchange-traded currency derivatives represent 2% of OTC foreign exchange turnover. Foreign exchange futures contracts were introduced in 1972 at the Chicago Mercantile Exchange and are actively traded compared to most other futures contracts.
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