IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-1-4302-4051-8_2.html
   My bibliography  Save this book chapter

What Are Your Options?

In: Forex for Beginners

Author

Listed:
  • Adam Kritzer

Abstract

There are perhaps 160 different currencies in the world. While all currencies necessarily have exchange value, the majority of them are not exchanged outside of the territories where they are used. The Continuous Linked Settlement Bank (CLS) settles trades in only 17 currencies, and liquidity is greatest for an even smaller group of selected currencies. These so-called major currencies account for more than 90% of global foreign exchange volume and tend to be characterized by tight spreads and excellent liquidity. Expanding this group to include 20 or so exotic currencies can account for more than 97% of overall volume, as shown in Figure 2-1.

Suggested Citation

  • Adam Kritzer, 2012. "What Are Your Options?," Springer Books, in: Forex for Beginners, chapter 0, pages 23-55, Springer.
  • Handle: RePEc:spr:sprchp:978-1-4302-4051-8_2
    DOI: 10.1007/978-1-4302-4051-8_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-1-4302-4051-8_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.