All transactions on the financial market are conducted through a system of institutions: central banks, commercial banks, dealers, brokers. Each party to Forex trading in the foreign exchange market. For example, the largest turnover among central banks, the trading volume exceeds hundreds of millions of dollars a day. Little turnover from commercial banks and dealers. The daily turnover of brokers estimated 25-50 million in U.S. dollars, representing only 2% of the total volume of trades Forex.
The central banks of the world
Regulate the flow of money and credit instruments as defined by law. The core functions of central banks: issuance of money, a monetary policy, monetary policy, etc. For example, a bank currency intervention can reduce or increase the rate of national currency.
Commercial banks
Credit and financial institutions that have the right to accept deposits from individuals and legal entities, to place the money received in their own interests with the subsequent return of the owner, open and maintain bank accounts. In every country there are several large commercial banks that are able to influence exchange rates. In 2006, the turnover of Deutsche Bank was 19.26% of Forex.
Brokers
Legal or natural persons who are mediators, the promotion of monetary transactions, linking the seller of goods, securities or currency from the buyer. The broker works on behalf of, on behalf and at the expense of the client, and can provide clients with additional services. The broker receives a commission for executing customer orders. Forecast market forex.
Dealers
Companies or individuals operating in the financial market for its own account and on his own behalf, that is engaged in buying and selling currencies and other assets for their money.
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