The foreign exchange market is an over-the-counter (OTC) marketplace that determines the exchange rate for global currencies. Novice or introductory traders. Commercial refers to commerce or business activity. In the investment field, the term is generally used to refer to institutional trading. Stock Markets and IPOs When a company establishes itself, it will need access to capital from investors. As the company grows it often finds itself in need of.

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Foreign exchange (Forex or FX) is the conversion of one currency into another at a specific rate known as the foreign exchange rate. Foreign exchange trading—also commonly called forex trading or FX—is the global market for exchanging foreign currencies. Forex is the. It is under scrutiny for its role in the scandal in which commercial banks rigged the foreign exchange (forex) market for several years.