What is FX? Name two factors that differentiate this market from equities or futures?
FX stands for Foreign Exchange, which is the act of Buying or Selling a certain currency with respect to another for many different reasons. Two main factors that differentiate the FX market from Equities and Futures are that it is an OFF-Exchange market and it opens truly 24 hours/ 5 days week while providing very high liquidity around the clock.
FX stands for Foreign Exchange, which is the act of Buying or Selling a certain currency with respect to another for many different reasons. Two main factors that differentiate the FX market from Equities and Futures are that it is an OTC market and it opens truly 24 hours/ 5 days week while providing very high liquidity around the clock.