The Liquidity of the Foreign Exchange Market

photo credits to myfundson9
FOREX, or the Foreign Exchange Market, is considered to be first in terms of liquidity. Central banks, large banks, currency speculators, institutional investors, governments, corporations, retail investors and other financial institutions are the traders that participate in this financial market.
In worldwide foreign exchange, as well as in related markets, the average turnover everyday is continuously growing. This is shown in a 2010 survey where average turnover (daily) was 3.98 trillion US dollars, a significant increase from 1998
