Wednesday, October 12, 2016

Features exchange market

The estimated financial analysts daily volume of currency trading in the Forex market by about 3 trillion dollars (three thousand billion dollars a day) where thousands of millions of dollars are bought and sold every second. [1] As an example, showed a survey carried out by the Arab Advisors Group said about 70 000 Jordanian trading in foreign currencies on margin (Forex) amounts nearly US $ 7 million. [2]
And are traded through the buying and selling of the major currencies, which holds the core portion of the operations in the forex market is the US dollar (USD) the base currency of the European and Euro (EUR) and British pound (GBP) and Swiss franc (CHF) and Japanese yen (JPY), Australian dollar ( AUD), Canadian dollar CAD)) and other Arab and foreign currencies.
Economists consider that the currency markets are unusual markets created by the technical and facilitated the spread in recent times, and influenced the forex market the technology, this market was able to attract large groups of investors over the past years thanks to the proliferation of technology and means of communication. [3]
Unlike several markets spread in the market, the currency market is not an elitist market fluent deal with only a few people, but not of economic interest in the media coverage of forex trading activities to make this market away from the public. Even people who do not have experience in dealing with the Internet and computers, can trade through phone calls to brokerage firms and expected to accept a large segment of young Saudis and the Gulf to trade currencies in the coming periods. [4]

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