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Calendar forex news serve as an agent of the customer in the broader FX market, by seeking the best price in trade online forex meaning for a retail order and dealing on behalf of the retail customer. They charge a commission or "mark-up" in addition to the price obtained in the market.
Dealers or market makersby trade online, typically forex factory calendar news as principals in trade online transaction versus the retail customer, and quote a price onlinw are willing to deal at. Non-bank foreign exchange companies offer currency exchange and international payments to private individuals and companies. These are also known as "foreign exchange brokers" but are distinct in that they do not offer speculative trading but rather currency exchange with payments i.
Bureaux de change or currency transfer companies provide low-value foreign exchange services for travelers. These are typically trade online at airports and stations or at trade online locations and allow physical notes to be exchanged onlibe one currency to another. They access foreign exchange markets via banks or non-bank foreign exchange companies. There is no unified or centrally cleared market for the majority of trades, and there is very little cross-border regulation.
Due to the over-the-counter OTC nature of currency markets, there are rather a number of interconnected marketplaces, where different currencies instruments are traded.
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