The company Forekslitas is established in the end of 1997. Our mission is to promote Forex opportunities in the Baltic States. The simplest definition of foreign exchange is the changing of one currency to another. Commercial brokers conduct by far the largest volume of trading. There is no centralized location for trading activity as there is in currency futures.
Trading occurs over the telephone and through computer terminals at hundreds of locations worldwide.
This market can absorb trading volumes and per trade sizes that dwarf the capacity of any other market. On the simplest level, liquidity is a powerful attraction to any investor as it suggests the freedom to open or close a position at will. A substantial attraction for participants in the Forex market is the 24-hour nature of the market. In Forex, a participant need not wait to react to an unfavorable event, as is the case in many markets. Many professional investment managers have a particular time horizon in mind when they establish a position.