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Foreign
Exchange Trading in Cape Town South Africa
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The Foreign
Exchange markets, also known as Forex, are the largest trading markets
in the world. With over $3 trillion exchanged everyday even getting a
small fraction of the market could mean big profits. So it's a big deal
and has lots of action. The foreign exchange (currency or forex or FX)
market refers to the market for currencies. Transactions in this market
typically involve one party purchasing a quantity of one currency in
exchange for paying a quantity of another.
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The FX market is
the largest and most liquid financial market in the world, and includes
trading between large banks, central banks, currency speculators,
corporations, governments, and other institutions. The average daily
volume in the global forex and related markets is continously growing
and was last reported to be over US$ 4 trillion in April 2007 by the
Bank for International Settlement.
Other Links:
see
How to make money
on the internet
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