"CASH IS KING": You've probably all
heard of the old saying, "cash is king." While I'm sure it wasn't
the Interbank currency market that was being referred to when that phrase
was coined, it very well could be today. When it comes to trading currencies,
"cash" is most definitely king!
The Interbank currency market or "cash" as it's commonly known, is by
far the world's largest marketplace with daily volume exceeding one
trillion dollars. To give you an idea as to the size of a "trillion dollars",
that represents over 100 times that of the daily volume of the NYSE. As
for the volume in currency futures, they're absolutely dwarfed by cash. In
fact, cash currencies represents over 90% of total world volume, having nearly
doubled in the last six years, while futures represents less than 10% of
total world volume, having dropped by more than 30% in just the last 3 years
alone. With this in mind, it should come as no surprise that some of the
world's most successful currency traders choose the Interbank as their place
to trade.
A BETTER WAY: As you will see, there are many benefits
to trading cash currencies which is why the Interbank has become the world's
largest trading place. For many years these markets were only available to
banks, institutions, and large money managers. Thanks to recent changes
in the banking industry however, Interbank trading is now open to individual
investors like yourself.
(click below)
The information contained here was gathered from sources deemed reliable,
however, no claim is made as to its accuracy or content. There is a
risk of loss in trading and investing and you should carefully consider your
financial position before making any trades.
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