Market The Understanding Forex
Pairing off: an illegal practice of a brokerage firm offsetting short and long positions between house accounts by collecting cash payments without physically delivering the securities. The foreign exchange market is the world’s largest capital market with liquidity that provides the exchange of more than 5-trillion-dollar worth of currency per day. learn about major currency pairs and trading tips in the forex market that are key to understand. Some pairs have nicknames, which are useful to learn for understanding trading discussion. nicknames for forex pairs. the gbp/usd pairing is known by traders as ‘the cable’ at one time an undersea cable connected the trading floors in london and new york to synchronise trading in this currency pair. Forex is short for ‘foreign exchange’ the game of buying and selling various currencies in the foreign exchange market. in the global foreign exchange market, retailers, investors, speculators and institutions determine the relative value for the co...