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Showing posts from December, 2013

A Complete Guide To Regulatory authorities that helps preventing fraud in forex 2017-18

Trading in the forex market takes place in one of the last largely unregulated capital markets in the world. Surprisingly, the forex market does not have a physical address or location like a stock or commodity exchange and trades round the clock, Monday thru Friday, 24 hours a day.

Furthermore, unless you are trading currency futures or options on the Chicago Mercantile Exchange or currency options on the Philadelphia Options Exchange, the bulk of all foreign exchange trading happens over telephone and electronic communications networks or ECNs in a completely decentralized manner.

Despite the massive size and volume of trades in the forex market, it remains largely unregulated with no international organization or agency to oversee the trading activity in the Interbank which is ongoing and spans the globe.

What this lack of regulation means to traders is that they can benefit from a number of strategies which can no longer be implemented in other more highly regulated markets such as t…