What product is sold and bought in the foreign exchange market?
What product is sold and bought in the foreign exchange market?
Do you think the correct answer is currency? And here it is not. In fact, there is no physical delivery of goods on the Forex market, and all transactions are carried out electronically, converted into USD and recorded on the trader's account.
It is in this feature of the Forex market that one of its main advantages lies - transactions are concluded within a few seconds, which is important both for international companies that carry out currency transactions continuously, and for private investors.