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Does FOREX market function as the security market?

April 26, 2017forex function market security

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Does FOREX market function as the security market?

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No. The security market has geographic dislocated head office (as for example the London Stock Exchange – London (LSE – London), New York Stock Exchange (NYSE), etc.), which head office accepts the participants’ quotes, performs clearing of the deals and the trade is restricted within the trade session of the relevant stock exchange. FOREX market functions 24 hours a day, from Monday to Friday. Due to its high liquidity (daily volume of concluded deals of around 3 trillion USD), FOREX market guarantees the constant seek and demand of practically unlimited amount of currency at any single moment which on the other hand guarantees the immediate execution of the order submitted by the participant. • What Drives The Financial Markets Currency markets move based on countries’ economic data or different world events.