Where is the central location of the Forex Market?
- Posted:
- 3+ months ago by epicresea...
- Topics:
- central, market, location, forex
Answers (2)
There is no central location of the foreign exchange market, often referred to as the forex (FX) market. Transactions in the FX market take place in many different forms, 24 hours a day, through different channels all over the globe; existing wherever one currency is exchanged for another.
The forex market is situated within the following areas:
1.retail forex brokers
2.central banks
3.commercial businesses
4.banks
Yeah you are absolutely right.