FxNetWorth.com

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FX Net Worth - Home

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The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The average daily trade in the global forex and related markets currently is over US$ 3 trillion. There is no unified or centrally cleared market for the majority of FX trades, and there is very little cross-border regulation. The main trading centers are in New York, London and Tokyo, but banks throughout the world participate.
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