
modern significance of the international forex cashback easy cashbackforex forexcashbackeasy is developed after the collapse of the Bretton Woods system after more than four decades of development, the global foreign exchange market average daily cashbackforexpip volume of 5.3 trillion cashback forex.S. dollars, 100%cashbackforex the formation of an international financial center as a link, 24-hour invisible market which, the United States New York, London, England is the most important two markets This article focuses on the U.S. foreign exchange market overview & nbsp nbsp;Market structure The U.S. foreign exchange market is an invisible market, no fixed trading places, and other foreign exchange markets around the world to maintain 24-hour business links, is one of the worlds largest foreign exchange market today, but also the worlds foreign exchange settlement hubs around the world dollar trading (including the European dollar, Asian dollar transactions) must be in the United States (mainly New York) commercial banks Accounts on the receipt and payment, allocation, the United States other domestic foreign exchange market foreign exchange trading also to be transferred through the New York foreign exchange market main OTC foreign exchange trading platform including EBS, FXALL, 360T and Reuters dealing; field foreign exchange derivatives market includes the Chicago Mercantile Exchange Group (CMEGroup), the Philadelphia Stock Exchange (PHLX), the United States Intercontinental Exchange ( ICE) and the American International Securities Exchange (ISE), etc. trading products and trading volume U.S. OTC foreign exchange market mainly includes spot, forward, swaps and options and other categories according to the New York Foreign Exchange Commission (ForeignExchangeCommittee, FXC) released the 22nd North American foreign exchange trading volume survey, all OTC Foreign exchange trading products (including spot, forward, foreign exchange swaps and options trading) the total average daily trading volume of $881.2 billion of which, the average daily trading volume of spot products is about $427 billion, accounting for 48%; average daily trading volume of forward products is about $189.7 billion, accounting for 22%; average daily trading volume of swaps products is about $217.7 billion, accounting for 25%; average daily trading volume of options products is about 46.8 billion U.S. dollars, accounting for 5% Participating entities Almost all banks and other financial institutions in the United States can operate foreign exchange trading participating entities mainly include the U.S. Federal Reserve System member banks and non-member banks (commercial banks, savings banks, etc.), foreign banks in New York branches, foreign banks correspondent banks and representative offices, securities companies, insurance companies and stock From the viewpoint of the market position, it is divided into dealers, brokers and emerging trading institutions The main U.S. foreign exchange brokers are FXCM, OANDA, GainCapital, Interactive, IBFX, etc. Some of the brokers specialize in the purchase and sale of certain foreign exchange products, but most of them are still engaged in the trading of multiple currencies at the same time Emerging trading institutions have become a new force in the market New forces, mainly including high-frequency trading institutions, hedge funds and asset management institutions according to FXC survey shows that the U.S. foreign exchange market report dealers, banks or other dealers, other financial institutions and non-financial enterprises market share of 34%, 18%, 39%, 9%, respectively trading currency U.S. foreign exchange transactions include the vast majority of currency pairs major foreign exchange Trading volume of the currency mainly for the euro against the U.S. dollar, the U.S. dollar against the yen, the British pound against the U.S. dollar, the Canadian dollar against the U.S. dollar and other mainstream currency pairs daily average trading volume were EUR/USD 292.7 billion, accounting for 28%; USD/JPY 150.8 billion, accounting for 14%; GBP/USD 106.4 billion, accounting for 10%; CAD/USD 97.7 billion, accounting for 9%