Showing posts with label EUR/JPY. Show all posts
Showing posts with label EUR/JPY. Show all posts

Friday, December 18, 2015

WHO TRADES FOREX

FOREX MARKET STRUCTURE

As a comparison, let us first examine a market that you actually very familiar with: the stock market. This is how the structure of the stock market looks like:

“I have no choice but to go through a centralized exchange!”
 The stock market tends to be very monopolistic in nature. There is only one entity, one specialist that controls prices. All trades are confined to go through this specialist. Because of, the price may easily be altered to benefit of the specialist, and not to the traders.