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Online forexQ1: Given that more than $1.5 trillion USD is traded daily and the foreign exchange market is now the largest financial market in the world, where does it go from here?
A1: We trade on the interbank market because there is no central exchange in the UK, making the FX market unique. I can see the market being filled sooner rather than later as a growing number of private individuals begin edge trading and new forex dealers establish themselves.
Q2: In addition to its high liquidity, what are the primary advantages of the foreign exchange market?