The Forex Market or FX market derives its name from Foreign Exchange Market.
It is essentially the exchange of currency (money, currencies) between two different countries. The Foreign exchange market is the largest financial market in the world. It is open 24 hours per day, 5 days per week.
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The Forex market has a daily turnover of around $5 trillion per day. To put this in perspective, the daily turnover of Wall Street is only $22 billion. It is a well-known fact that the FX market dwarfs the combined turnover of all the equity markets combined. This makes it the most liquid market on the planet.
Join us on this series of videos as BlackStone Futures introduce you to the opportunities available in trading the market.