Foreign exchange market

The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world. The main participants in this market are the larger international banks. Financial centres around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market does not determine the relative values of different currencies, but sets the current market price of the value of one currency as demanded against another.

The foreign exchange market works through financial institutions, and it operates on several levels. Behind the scenes banks turn to a smaller number of financial firms known as “dealers,” who are actively involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the “interbank market”, although a few insurance companies and other kinds of financial firms are involved. Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, forex has little (if any) supervisory entity regulating its actions.

Related

Related is an American comedy-drama series that aired on The WB network during the 2005-2006 television season. It revolved around the lives of four close-knit sisters - of Italian descent, raised in Brooklyn - living in New York City.

The show was created by former Sex and the City writer Liz Tuccillo, and executive produced by Friends co-creator Marta Kauffman. Despite heavy promotion, initial ratings did not warrant the show being picked up for a second season when The WB network was folded into The CW.

The untitled Related theme song is sung by The Veronicas, whose music was regularly featured in episodes.

Characters

Main characters