Introduction to FX Markets I
In this video, Kees discusses the Foreign Exchange (FX) market and the importance of understanding Money Markets. He goes into detail on the popularity and volume of currencies traded in the FX market.
Overview
The foreign exchange (FX) market is the world’s biggest over-the-counter or OTC market, trading a daily average of USD 6.6 trillion. FX turnover is more than 80 times the volume of international trade, which is accounted for by currency hedging and speculation.
Key learning objectives:
How big is the FX market and what are the major trading centres?
What are the main currencies used in the FX market?
Why are FX volumes so high? Explain what happens when a company hedges an FX transaction
Summary
Expert
Kees van den Aarssen
Kees has over 30 years of experience in Financial Markets. He has sophisticated expertise in sales and trading roles working in Foreign Exchange and Money Markets. He now conducts seminars, workshops and training courses for clients all over the world.
