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#3) The majority of trading activity happens on what is known as the Major currency’s these are the USD bloc, EUR bloc and JPY bloc. These blocs represent the three largest global economies. #4) The FOREX market trades 24 hours per day from Monday morning in the Asia-Pacific time zone until...

1) In the mid 1980’s a form of electronic FOREX trading existed which allowed banks to contact each other electronically and request price quotes. This system of communication was very advanced at the time, it was basically a closed network real-time chat system, it was developed by Reuters and...