asked 47.1k views
5 votes
All trading of currencies on the forex takes place

asked
User Ardhi
by
7.8k points

1 Answer

3 votes

Answer:

Explanation:

Forex trading takes place 'over the counter' (OTC), which means there's no physical exchange of the underlying currency. A global network of banks and other financial institutions effectively oversee the market instead.

answered
User Echavez
by
8.5k points
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