| FOREIGN EXCHANGE - FX THE LARGEST FINANCIAL MARKET IN THE WORLD |
Initially Foreign Exchange (FX) trading was limited only to large international
banks. Since it opened to the public it has been the fastest growing trading
vehicles in the world. Trillions of dollars in cash currencies are traded five days a
week, twenty-four hours a day. This is more than is traded daily on all the stock
exchanges of the world combined!
WHAT IS FX?
The FX is a twenty-four hour a day over- the -counter market that trades the
current (spot) values of the worlds major currencies. Trading starts Sunday 5 PM
ET and ends on Friday 5 PM ET. Unlike the New York Stock Exchange or the
Chicago commodity exchange the FX does not have a permanent location and
most trades are made electronically. Trading starts in Sydney on Sunday evening
then moves around the world during the course of the day to Tokyo, London, and
New York.
WHO TRADES THE FX?
Companies doing business globally trade the FX as a way to change their
domestic currencies into foreign currencies and then again to change the foreign
currencies back into their domestic currency. Of the total traded each day the
commercial trade amounts to less than 10%. The remaining trade is made up of
speculators attempting to profit from the changing exchange values of the worlds
major currencies.
FX BASICS
Currencies are traded in pairs, like buying the Euro, and selling the U.S. Dollar, or
buying the Swiss Franc and selling the Japanese Yen. The trader is hopeful that
the currency purchased will either go higher or retain value better than the
currency sold.
EFG GROUP ADVANTAGE
RCG has extensive experience in spot FX market, and recognizes the varied
needs of the FX professional, institutional and individual traders. Having been in
the commodity futures industry for over eighty years RCG, has offered customers
superior service and stability. Through state of the art technology RCG offers the
FX trader the same degree of superior service that has been its trademark for
over eight decades. The RCG sophisticated electronic platforms provides the
EFG Group customer with:
If you are seeking a stable firm with a history of customer service take a moment
and explore the various order entry platforms offered to our FX customers. Just
click on the buttons below, we welcome your interest.
banks. Since it opened to the public it has been the fastest growing trading
vehicles in the world. Trillions of dollars in cash currencies are traded five days a
week, twenty-four hours a day. This is more than is traded daily on all the stock
exchanges of the world combined!
WHAT IS FX?
The FX is a twenty-four hour a day over- the -counter market that trades the
current (spot) values of the worlds major currencies. Trading starts Sunday 5 PM
ET and ends on Friday 5 PM ET. Unlike the New York Stock Exchange or the
Chicago commodity exchange the FX does not have a permanent location and
most trades are made electronically. Trading starts in Sydney on Sunday evening
then moves around the world during the course of the day to Tokyo, London, and
New York.
WHO TRADES THE FX?
Companies doing business globally trade the FX as a way to change their
domestic currencies into foreign currencies and then again to change the foreign
currencies back into their domestic currency. Of the total traded each day the
commercial trade amounts to less than 10%. The remaining trade is made up of
speculators attempting to profit from the changing exchange values of the worlds
major currencies.
FX BASICS
Currencies are traded in pairs, like buying the Euro, and selling the U.S. Dollar, or
buying the Swiss Franc and selling the Japanese Yen. The trader is hopeful that
the currency purchased will either go higher or retain value better than the
currency sold.
EFG GROUP ADVANTAGE
RCG has extensive experience in spot FX market, and recognizes the varied
needs of the FX professional, institutional and individual traders. Having been in
the commodity futures industry for over eighty years RCG, has offered customers
superior service and stability. Through state of the art technology RCG offers the
FX trader the same degree of superior service that has been its trademark for
over eight decades. The RCG sophisticated electronic platforms provides the
EFG Group customer with:
- Straight through processing
- Multiple tier one bank relationships
- One-Click execution
- Allows trading directly off the charts
- Trade 19 of the most liquid currency pairs
- Advanced order types
If you are seeking a stable firm with a history of customer service take a moment
and explore the various order entry platforms offered to our FX customers. Just
click on the buttons below, we welcome your interest.
| 150 South Wacker Drive, Suite 775, Chicago, Illinois 60604 312-384-1166, 877-304-1369 info@efggrp.com |
| EFG GROUP, LLC |
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If you would like to learn more about the features and benefits of doing FX business
through EFG Group, fill out the form below or just give us a call at 877-304-1369.
We will be glad you did and are confident so will you.
through EFG Group, fill out the form below or just give us a call at 877-304-1369.
We will be glad you did and are confident so will you.