 |

|
|
 |
Professionalism in the execution of our duties.
Dedication to our clients. Excellence in customer care.
Dynamism in targeting our customer’s needs and loyalty to our mission.
|
|
|
|
The
Foreign Exchange market, also referred to as the "FOREX" or "FX" market,
is the largest financial market in the world, with a daily average
turnover of approximately US$1.5 trillion. In comparison, the daily volume
of the New York Stock Exchange is approximately US$30 billion per day.
|
|
|
|
Until
now, professional traders from major international commercial and
investment banks have dominated the FX market. Other market
participants range from large multinational corporations, global money
managers, registered dealers, international money brokers, and futures
and options traders, to private speculators.
|
|
|
 |
|
There are two main
reasons to participate in the FX market. One is to facilitate an actual
transaction, whereby international corporations intend to convert
foreign currencies into their domestic currency. |
|
|
|
The second is
Corporate treasurers and money managers also enter the FX market in
order to hedge against unwanted exposure to future price movements in
the currency market. |
|
|
|
|