The
Forex OTC market is by far the biggest and most popular financial market in the
world, traded globally by a large number of individuals and organizations. In
the OTC market, participants determine who they want to trade with depending on
trading conditions, attractiveness of prices and reputation of the trading
counterpart.
The
chart below shows global foreign exchange activity. The dollar is the most
traded currency, being on one side of 89% of all transactions. The Euro’s share
is second at 37%, while that of the yen is at 20%.
