Whenever a currency pair is bought or sold, there must be somebody from the other end of the transaction. It is highly unlikely that the investor always find someone who is interested in buying and selling the same two currencies, the same amount and at the same time. So, the question remains, "How it is possible that the forex investor can buy or sell at any moment?" This is where the forex market makers is the in. The forex market maker is a bank or brokerage firm that is ready, every second of the trading day with a firm bid and ask prices. This is a good investor, because then, if the investor chooses to buy and sell across currencies, the market maker will purchase from and sell the investor, even if they do not have a buyer and seller lined up. In doing so, they are literally "making markets" for currency.
Forex market makers ensure that the market is always functional and that the currency is always fetch the market rate. Forex market makers do so by updating their prices at least 30 seconds and undertaking to trade if their requests. Forex is the market leader to perform their duties regardless of whether the economic situation is favorable or unfavorable, whether they lose or profit by doing so. Typical forex market makers include Gain Capital, CMS Forex, Forex Capital Markets (FXCM), and Global Forex Trading, which are regulated by the Commodity Futures Trading Commission (CFTC) of the U.S.. Another prominent forex market maker is Saxo Bank, which regulates the Financial Services Authority (FSA) of Denmark.
More recently, central banks, commercial banks and investment banks dominated the forex market. Due to the fact that the record forex market makers, other market participants such as international money brokers, large multinational companies, registered dealers, global money managers, and private speculators have entered the market in large numbers
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