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forex [2018/05/24 15:32] – [Forex (FX)] mayaforex [2023/09/11 15:09] (current) – hammed
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 ====== Forex (FX) ====== ====== Forex (FX) ======
  
-The foreign exchange (Forex) market is the global decentralized marketplace for currencies, and is the world’s largest and most liquid market, with an average traded value of $1.9 trillion every day.+The foreign exchange (Forex) market is the global decentralized marketplace for currencies. It is the world’s largest and most liquid market, with an average traded value of $1.9 trillion every day.
  
-**Note:** Forex is an unregulated market, therefore Limit orders may be executed at up to the limit price regardless of the Level 1 market price. The SEC has prepared an [[ https://www.sec.gov/investor/alerts/forextrading.pdf | Investor Bulletin ]] with information on off-exchange Forex markets that provides additional details. Remember to always exercise caution when trading. +**Note:** Forex is an unregulated market, therefore Limit orders may be executed at up to the limit price regardless of the Level1 market price. The SEC has prepared an [[ https://www.sec.gov/investor/alerts/forextrading.pdf | Investor Bulletin ]] with information on off-exchange Forex markets that provides additional details. Remember to always exercise caution when trading.
- +
-Trading Hours: 18:00 - 16:00 ET (22 hours)+
 ==== Pairs ==== ==== Pairs ====
  
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 For more information, see Investopedia's [[http://www.investopedia.com/terms/c/currencypair.asp|Currency Pair Definition]] page. For more information, see Investopedia's [[http://www.investopedia.com/terms/c/currencypair.asp|Currency Pair Definition]] page.
 +
 ==== Order Types ==== ==== Order Types ====
  
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 ==== Basic Market Rules ==== ==== Basic Market Rules ====
  
-  * Lot Size: min. 25,000 shares.+  * Lot Size: min. 100,000 shares.
   * Tick Size: varies by currency pair.   * Tick Size: varies by currency pair.
   * Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.   * Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.
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   * Aggressive orders not complying with the minimum execution size of a passive opposing order will lock the market.   * Aggressive orders not complying with the minimum execution size of a passive opposing order will lock the market.
     * Minimum Execution Size: minimum quantity to be executed in order to complete the transaction.     * Minimum Execution Size: minimum quantity to be executed in order to complete the transaction.
 +
 ==== See Also ==== ==== See Also ====
 +
   * [[market_guides|Market Guides]]   * [[market_guides|Market Guides]]
forex.1527190379.txt.gz · Last modified: 2018/05/24 15:32 by maya