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Bought and sold of currency.

A foreign exchange market is a market in which currencies are bought and sold. It is to be distinguished from a financial market where currencies are borrowed and lent. Foreign exchange market is described as an over the counter market as there is no physical place where the participants meet to execute their deals. It is more an informal arrangement among the banks and brokers operating in a financing center purchasing and selling currencies.
 
Buying power, also referred to as excess equity, is the money an investor has available to buy securities when considering the term in a trading context. Buying power equals the total cash held in the brokerage account plus all available margin.
 

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