Currency trading

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Foreign Exchange Market

A market for the trading of currencies. For example, one may buy dollars or sell pounds on a forex market. Foreign exchange is one the largest and most liquid markets in the world. Trading occurs over-the-counter, and most of the major players are governments, banks, and speculators. Forex markets are often used in hedging strategies.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Currency trading.

The global currency market, where roughly $1.9 trillion a day changes hands, is by far the largest financial market in the world.

Banks, other financial institutions, and multinational corporations buy and sell currencies in enormous quantities to handle the demands of international trade. In some cases, traders seek profits from minor fluctuations in exchange rates or speculate on currency fluctuations.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Tan, also president of BDO Unibank, Inc., said currency trading platforms will have one governing body to oversee multiple bilateral currency arrangements and for the BSP to be oversight.
Cornering just a little over 1 percent of this figure with the establishment of the currency trading platform would translate into $1.5 billion in foreign direct investments (FDI) from China alone.
The shock of the Swiss franc move related chiefly to banks' inability to close out existing currency trading positions at previously established "stop-loss" levels set by clients as buyers for euros and dollars disappeared.
Admittedly as a company our focus is more on hard-line commodities trading rather than the forex markets, however the currency trading arm of our business is something we have been looking at strengthening for a long while now.
BEIRUT: Syrian authorities have shut down a money exchange office in Damascus and made several arrests as a part of a campaign to curb illegal currency trading, the SANA news agency reported Friday.
The total value of currency trading amounted to 1.194,149,955 Omani Rial (OMR) at the end of January of 2013, compared to the same period of last year which reached OMR 1.051,400 the CBO said in a statement.
Finally, we review our work emphasizing the importance of microstructure frictions and the behavioral biases in understanding currency trading strategies.
The complete idiot's guide to foreign currency trading, 2d ed.
For those living in the Arab world or espousing Islamic beliefs, there is one additional "twist" that must be accommodated before currency trading can proceed with a clear conscience.
Export-oriented electronics and precision instrument manufacturers came under pressure, with the single European currency trading in the lower 99 yen range early Wednesday compared with the upper 99 yen zone late Tuesday in Tokyo.
Singapore, Mar 22, 2012 - (ACN Newswire) - Singapore Exchange (SGX) today introduced dual currency trading which enables listed securities to be traded in two different currencies.
TELECOMWORLDWIRE-February 1, 2011-Orc to provide Orc Trading users access to Solid FX currency trading platform(C)1994-2011 M2 COMMUNICATIONS