- Category: Kindergarten : Forex Basic
- Published: 21 April 2014
- Hits: 1143
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 86.3% of all transactions. The Euro’s share is second at 37%, while that of the yen is at 16.5%.