What are the currencies traded and where are they traded?
A. They are the world major currencies and also the global minor currencies of the developing countries traded each day by various central banks, the top commercial banks, as well as private speculators and traders around the world, making the Foreign Exchange market an enormous and liquid market. At all hours of the day it is possible to buy and sell in this market. Trades are conducted on the global Interbank systems which is a network of top banks. Dealers place their trades on the Interbank system.
