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Study Book For Successful Forex Dealing
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Category : Business » Forex Trading
Industrial sector indicators. 2001 by Royal Forex. All right reserved. www.royalforex.com . If the figure for an economic indicator is better than .
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Content Summary :
2.2. Trade systems on Forex Trading with brokers. Foreign exchange brokers, unlike equity brokers, do not take positions for themselves; they only service banks. Their roles are to bring together buyers and sellers in the market, to optimize the price they show to their customers and quickly, accurately, and faithfully executing the traders' orders. The majority of the foreign exchange brokers execute business via phone using an open box system — a microphone in front of the broker that continuously transmits everything he or she says on the direct phone lines to the speaker boxes in the banks. This way, all banks can hear all the deals being executed.
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