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 was called Reuters Dealing.
#2) The FOREX market trades in excess of $2 trillion dollars per day ($2,000,000,000) which is about 10-15 times the daily trading volume of the world’s stock markets combined.
#2) The FOREX market trades in excess of $2 trillion dollars per day ($2,000,000,000) which is about 10-15 times the daily trading volume of the world’s stock markets combined.
