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Tuesday, December 16, 2008

Forex Market size and liquidity

The foreign exchange market is unique because of the following characteristics:

* the high trading volumes
* the extreme liquidity of the market
* large number of traders in the market
* large variety of traders
* geographical dispersion
* long trading hours: 24 hours a day (except on weekends)
* the many factors that affect exchange rates
* the low margins of profit

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