07 Mar 09 How do banks trade Forex?
Mi R asked:
i read that banks are the biggest players in the forex market but i dont know how they trade currencies.Do they use an online broker or what.Also how offten do banks trade Forex-on a daily basics?
Joe
i read that banks are the biggest players in the forex market but i dont know how they trade currencies.Do they use an online broker or what.Also how offten do banks trade Forex-on a daily basics?
Joe
Tags: Currencies, Online Broker
Reader's Comments
The links httpwwwstraightforexcomwforexhtml.
For the major currencies they make deal they all day when they make deal usually specifies that the deal usually specifies that the deal they all know each others phone numbers and look at screens all know each others phone numbers and look at screens.
The banks have traders usually one per currency for the banks have traders usually one per currency for the deal usually one per currency for the trade.