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: Flex 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

Alexa is a 25 year old graduate student who arranged an urgent appointment with her primary...

Medical Sciences
Q

which nerve conducts impulses associated with the sense of gustation? a) vestibulocochlear b) oculomotor c) trigeminal d) facial e) glossopharyngeal f) hypoglossal g)...

Medical Sciences
Q

{Exercise 9.51 (Algorithmic)} A recent issue of the AARP Bulletin reported that the average weekly pay for a woman...

Statistics
Q

What Properties Describe Matter You have probably heard the word matter used many times As...

Biology
Q

Many enzymes cannot recognize a stereoisomer of their substrate Some enzymes accept any of a...

Biology
Q

A convex lens of focal length 20 cm is cut into two equal parts that...

Physics
Q

Learning Objectives 1. Create Excel worksheet 2. Use appropriate formulas to calculate required...

Accounting
Q

Which one of the following alternatives represents the correct amount of half-yearly interest...

Accounting
Q

A) Exercise 4-8 Using departmental overhead rates to assess prices LO P2 Way Cool produces...

Accounting
Q

employee morale timeliness of delivery and the reactions of customers are examples of non-financial factors...

Accounting
Q

How do u calculate the effects ofsales of A/R to a factor...provide a simple example...

Accounting
Q

Why do you think big tech companies were reluctant at first to go into finance?...

Finance