Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. how is the global foreign exchange market structur

How is the global foreign exchange market structured? Are digital telecommunications replacing people? Please try to respond...

60.1K

Verified Solution

Question

Finance

How is the global foreign exchange market structured? Aredigital telecommunications replacing people?

Please try to respond with 450 words if possible please. Thankyou so much.

Answer & Explanation Solved by verified expert
4.5 Ratings (882 Votes)
For retail trader understanding the structure of forex market is something that is often overlooked This is critical element that needs to be considered when designing and implementing any trading plan The forex market differs other global markets due to tha way it is structured The main factors affecting the structure of the forex maket are the ways the forex products are traded the participants and their motivation regulation and sheer size of the market Since transaction in the forex market are done over the counter OTC and not though the central exchange OVER THE COUNTER The first thing to understand    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

How is the global foreign exchange market structured? Aredigital telecommunications replacing people?Please try to respond with 450 words if possible please. Thankyou so much.

Other questions asked by students

Q

Jack has two children. What is the probability that both are boys. In addition, what is...

Advance Math
Q

Choose the correct answer The American Renaissance took place between these years 1800 1890 1840...

Biology
Q

K Evaluate the function f x x 9 at the given value of the variable...

Basic Math
Q

The number of violent crimes committed in a day possesses a distribution with a mean...

Basic Math
Q

2 If X N 42 10 and X is computed from a random sample of...

Statistics
Q

Write the first trigonometric function in terms of the second trigonometric function tan 0 sec...

Algebra
Q

Journalize the required closing entries for the year. 8. Greentea Company earned net income of...

Accounting
Q

50,000 Homework 1 Bonds Payable 2 Bond Z 3 Par Value 4 Term 5 Contract...

Accounting
Q

classified statement of financial position in good form

Accounting
Q

A. Discuss about the court system of Saudi Arabia including Supreme Court, Court of Appeals...

Accounting
Q

The machinery costs $200,000, and is to be depreciated using the MACRS, as a 5...

Finance
Q

Use the commission schedule from Company A shown in the table to find the annual...

Accounting