All operations are carried out in the financial market through a system of institutions: central banks, commercial banks, dealers, brokers. Each member of your Forex trading volume in the foreign exchange market. For example, the highest turnover among central banks, trading volume exceeds hundreds of millions of dollars per day. Less turnover from commercial banks and dealers. Daily turnover is estimated to be brokers of U.S. $ 25-50 million, representing only 2% of the total volume of trading Forex.The central banks of countries in the world Regulate the flow of money and credit instruments as defined by law. The main functions of central banks: the emission of money, the conduct of monetary policy, foreign exchange policy, etc. For example, the holding bank currency intervention can reduce or increase the national currency.
Commercial banks Financial institutions that have the right to accept deposits from individuals and legal entities to place the money in their own interests and then return to the owner, to open and maintain bank accounts. In each country there are several large commercial banks are able to influence exchange rates. In 2006 turnover amounted to Deutsche Bank 19.26% of sales trading.
Brokers Legal or natural persons who are intermediaries to facilitate the conclusion of foreign exchange transactions, linking the seller of goods, securities or currencies with the buyer.A broker works on behalf of, on behalf and at the expense of the client and the client can provide additional services. The broker receives a commission for the execution of customer orders.
Dealers Firms or individuals that operate in the financial market at its own expense and on its behalf, that is engaged in buying and selling of currencies and other assets for their money.
