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How is the forex market different from the New York Stock Exchange?
Wiki User
∙ 12y ago
The main differences between the forex exchange market and new york stock exchange is that forex deals only with foreign exchange and the stock exchange deals primarily with domestic stocks.
Wiki User
∙ 12y ago
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What purpose does a Forex analysis serve?
'Forex' is a term that means 'foreign stock exchange'. Professionals analyze the stock market to predict trends. These predictions assist people who are playing the stock market in knowing when and where they should invest their money.
The word Forex is short for?
Forex is a contraction of 'foreign exchange,' which refers to the global currency exchange market.
What does the phrase forex trader mean?
The phrase "Forex Trader" means someone that trades on the Foreign Exchange market. (Forex is a commonly used abbreviation of Foreign Exchange market.)
Which Stock Exchange is known as the most liquid?
The 'forex market' is the most liquid market where foreign currencies are traded. The U.S. dollar is the most liquid currency in this market.
What are the foreign exchange market instruments?
what are the FOREX market instrument?
What is forex exchange market?
Forex exchange market is a currency market and It is market for the trading of currencies.
What purpose does a Forex analysis serve?
'Forex' is a term that means 'foreign stock exchange'. Professionals analyze the stock market to predict trends. These predictions assist people who are playing the stock market in knowing when and where they should invest their money.
The word Forex is short for?
Forex is a contraction of 'foreign exchange,' which refers to the global currency exchange market.
What are the differences between foreign exchange market and equity market?
Foreign exchange (forex) is the global market of currency (money) , equity market (stock market) is the global market of shares (small pieces of large companies)
THE role of forex market in the strengthening of local currency and its impact of economic development?
Forex market is no way different from stock market in terms of impact on economy of that magnitude.
Function of forex market?
It has many functions... as does the stock market. The main is to facilitate that exchange of currencies. Toyota sells cars in US and needs to exchange USD for JPY they execute an order on an Fx exchange.
What does the phrase forex trader mean?
The phrase "Forex Trader" means someone that trades on the Foreign Exchange market. (Forex is a commonly used abbreviation of Foreign Exchange market.)
Which Stock Exchange is known as the most liquid?
The 'forex market' is the most liquid market where foreign currencies are traded. The U.S. dollar is the most liquid currency in this market.
What are the foreign exchange market instruments?
what are the FOREX market instrument?
How to name Forex market in other words?
currency exchange Fx market Foreign exchange market
What is the difference in the stock market and the currency exchange market?
A stock market or equity market, is a trading place where buying and selling of stocks happens to gain some profits. The currency market, also termed as Forex, is a global, decentralized market where the transaction of currencies takes place. The largest international banks and financial institutions takes part in this Forex trade.
What is forex?
What is Forex ? FOREX is an abbreviation of Foreign Exchange often it is called as FX. Also the Term Forex used to describe Currency trading on foreign exchange market which is known as Forex trading or FX trading. Take note, that Forex Market is the largest financial market in the planet with an average daily traded volume of about 5.1 Trillion US Dollar as of 2016 while the world's largest stock market, the New York Stock Exchange, trades a volume of about $22.5 billion US Dollar each day.
