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  • Currency Trading
    Introduction

    Currency trading is the largest market on the planet. It is a major business, and it is estimated that over US$2 trillion in currency is traded globally everyday. The New York Stock Exchange has daily transactions of approximately US$50 billion each day. Based off that statistic you can see that the magnitude of the currency trading market exceeds all other equity markets in the world combined. An important distinction to make is that currency trading is not centered on an exchange like the NYSE or NASDAQ. Currency trading is open for trading 24 hours a day unlike the domestic stock markets. Currency trading uses the purchase and sale of large quantities of currency to leverage the shifts in relative value into profit.

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