The participants of the forex market.
In the forex market which is the world’s forex trading network, participants are numerous, the people and institutions that carry out an transaction in the forex market can be defined as the forex market participants.In order to understand the main body of the forex market better, the forex market participants can be broadly divided into the following categories: national government or central bank, financial structure, forex brokers, companies and private customers .
1, National government or central bank
National government or central bank is the special participant in the forex market,its aim is not to make a profit, it is in the implementation of national financial policy, the purpose is to supervise and manage the forex market, to guide the exchange rate to changes in the direction which is good for its economy.
2, Forex banks
Forex banks are the main participants in the forex market, specifically including professional forex banks and large commercial banks. Forex bank is the main body of the forex market, 90% of the forex trading business is carried out among the forex banks, mainly is large transactions.
3, Forex brokers
Forex brokers are the intermediary which present in the central bank, forex banks and ordinary customers, who has very close links with the forex banks and ordinary customers,it plays a key role in keeping the forex market fully flowing.
4, General customer
Ordinary customers are defined as enterprises, institutions, organizations and individuals. Example, enterprises which engaged in import and export trade,companies which carry out cross-border investment and repay foreign currency liabilities, businesses, and individual investors, they are the original suppliers and final demanders of forex.
Tags: bank, brokers, Forex, Forex Market













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