Less costly alternatives are the Forex exchange-traded funds.
One irony: I gave my banker character, Roger Yount, a job in forex (foreign exchange) trading, as a way of putting him at some distance from the immediate causes of the financial crash.
"In particular, the further provisions for PPI and Forex [foreign exchange] are symptomatic of the 'long list of conduct and litigation issues' which will continue to be costly, time-consuming and distracting.
"They make a lot of money on forex [foreign exchange] here.
He called up Jamal Mecklai, a foreign exchange (forex) consultant who decided to rejigger the forex positions and cut losses for the firm.
Not only are the foreign exchange (forex) markets enormous – every week the equivalent of a year's global trade in physical goods takes place – but they are also opaque.
One major form of trading is currency trading or foreign exchange (forex for short).
The Bank of England will tighten its governance after criticism of its response to claims of manipulation of foreign exchange (forex) rates.
"We can confirm that we are conducting investigations alongside a number of other agencies both in the UK and abroad into a number of firms relating to trading on the foreign exchange (forex) market," the FCA said in a statement.
"While I hope that their optimism is warranted, it is important to realize that this survey was done during a six week rally in the DAX and as we have seen already, optimism can turn to pessimism on a dime," cautioned Dan Cook, chief market analyst at IG Markets, a European-based Forex and foreign exchange derivatives trading outfit that's been trading currencies since 1974.
Foreign exchange market (forex, or FX, market), institution for the exchange of one country's currency with that of another country.
