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C E F I L N O P R T V W
FX

FX

Foreign eXchange
The exchange of currency from one to another . FX market is the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. Retail traders (small investors or speculators) are a minute part of this market, may only participate indirectly through brokers or banks.
Synonym: Forex

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