The characteristics of foreign exchange markets essay
The trading volume of the foreign exchange market far exceeds the value of world trade and global gross national product. The annual volume of currency trading is times larger than annual world trade and - larger than the global GDP based figures Ickes, 2006. Foreign exchange is: To study what exactly foreign exchange is in its unique characteristics. Understand the different participants and types of foreign exchange markets. To gain knowledge about the foreign exchange markets in India. Research is defined as the systematic collection and analysis of data on issues relating to any financial market: The financial market is a broad term that describes any market where trading in securities, including stocks, bonds, currencies and derivatives, takes place. Although a bit financial. Abstract. This study tests the weak and semi-strong form efficiency of the foreign exchange market in Sri Lanka during the recent IPO using six bilateral exchange rates. Weak efficiency. is.