Trader's Glossary

Foreign Exchange Market

A decentralised global marketplace for the trading of currencies, also known as the FX or Forex market, it is the largest and most liquid market in the world, with a daily turnover of over $5 trillion. Trading is divided into three main sessions: the Asian session, the European Session and the North American Session, which open one after the other throughout the day and overlap, ensuring that the market is operational 24 hours a day, 5 days a week.