The currency in your pocket is literally your stock in your country, like stock, its value fluctuates on the international market providing substantial opportunities for profit or loss. The market has its own momentum, it follows its own imperatives, and arrives at its own conclusions. Since the conclusions of value, fortunately or unfortunately affect the value of all assets it is crucial that every individual or institutional investor have an understanding of the foreign exchange markets and the forces behind this ultimate free-market system. There is approximately one trillion dollars worth of average daily 24 hour turnover in the global foreign exchange market. During problems of liquidity dealers can place trades through a larger number of market participants for better execution.
Cash markets are the primary markets, futures are the secondary markets.
The cash currency market represents 24 times the volume of currency futures. Cash markets provide better liquidity, execution and trading hours. All rights Reserved.