elias mazariegos
Member
Draw a mental map of the industry before you miss
When you think about how the Forex market works, imagine an ocean in constant change. There are many fish in that ocean, from large to small, depending on their purchasing power.
There are also decisions on monetary and trading policies that cause large waves, unbalancing the prices of most assets. There are medium-sized fish - private investors, companies with coverage needs and private banks, and then there are small participants - financial brokers, smaller banks and small-cap investors.
Most of the market participants mentioned above have direct interbank access to Forex, which is the market where all the magic of currency exchange happens. They can enter it simply because it is above a certain threshold of funds. This means that they can operate among themselves without having to go through intermediaries.
Comunidad
When you think about how the Forex market works, imagine an ocean in constant change. There are many fish in that ocean, from large to small, depending on their purchasing power.
There are also decisions on monetary and trading policies that cause large waves, unbalancing the prices of most assets. There are medium-sized fish - private investors, companies with coverage needs and private banks, and then there are small participants - financial brokers, smaller banks and small-cap investors.
Most of the market participants mentioned above have direct interbank access to Forex, which is the market where all the magic of currency exchange happens. They can enter it simply because it is above a certain threshold of funds. This means that they can operate among themselves without having to go through intermediaries.
Comunidad
