... for another.
The lack of a physical exchange enables the FOREX market to operate on a 24-
hour basis, spanning from one time zone to another across the major financial
centers. This fact—that there ... Cons of Arbitrage 271
Summary 272
Appendix A 273
How the FOREX Game Is Played 273
Market Makers and ECNs 273
A Peek under the Hood 273
Appendix B 277
List of World C...
... of a currency relative to another currency. There are
an enormous number of correlations between all these factors and they are
almost certainly nonlinear in nature. That means they are constantly ... FOREX
market operates in a manner similar to that of the NASDAQ market in
the United States; thus it is also referred to as an over -the- counter
(OTC) market. The lack of a ce...
... to broker and can be as low as $100 to as high as $100,000.
Each time the trader executes a new trade, a certain percentage of the
account balance in the margin account will be earmarked as the ... charter
renewed but a separate quasi-private self-regulatory agency was created to
implement the laws, rules, and regulations. Thus in 1982 was born the
National Futures Ass...
... reduces to:
Units Available ϭ 100 ϫ Margin Available/Margin Percent
Cross rates can be handled in the same fashion by simply manipulating
the conversion rate. Note: Always decrease the units available ... Indonesia caused high volatility in their
domestic currency, the Rupiah. From there, the contagion spread to other Asian
emerging currencies, and then to Latin America, and i...