Forex market center


Forex market center


For other uses, see Forex (disambiguation). Trading in the forex is not done at one central location but is conducted between participants through electronic communication networks (ECNs) and phone networks in various markets around the world.The market is open 24 hours a day from 5pm EST on Sunday until 4pm EST Friday. The reason that the markets are open 24 hours a day is that currencies are in high demand.

Since most participants trade between the hours of 8:00 a.m. and 4:00 p.m. in theirlocal time zone, these times are used as the market open and close times, respectively. Click on a time zone for Daylight Saving Time (DST) transition dates and times. It is a domain having.info extension. Forex market center at the most recent Bank of International Settlements foreign-exchange report, published every three years, we get a clear view of where most of the daily forex trading volume takes place.

Many of the usual suspects like the UK and USA are found at the top of the list for the largest fx trading centers while others such as Singapore may be more forex market center to many. Below is a list of the 8 largest forex trading centers in the fotex from Bank of International Settlements (BIS) foreign-exchange report as of April 2010, All totals in Ecnter dollars)1.




Forex market center

Forex market center

Forex market center