Forex

English word forex - reduction from foreign exchange market that designates "the world market of an exchange of foreign currencies". Forex - the youngest among the international financial markets. Its history has begun in 1971 when within the limits of Brettonvudsky system of international payments operating in the world the American dollar became the first currency not adhered to cost of gold and sent in "free swimming". Since 1973 national currencies of the USA and other developed countries have turned to the goods in which began to trade probably. The volume of operations of Forex reaches 3.000.000.000 US dollar a day, and as participants banks, currency stock exchanges, investment funds, the trading and industrial enterprises, the broker companies, private persons act. On a share of the transactions concluded through the Internet, already it is necessary more than 10 % of a turn of currency market Forex. Object of trade in the market are monetary units of the various countries of the world, and rate fluctuations allow to take considerable profits on a purchase and sale difference.