FORIEGN 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 one of 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 currencies. 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. The IFG ADVANTAGE Rosenthal Collins Group (RCG), our futures clearing merchant has extensive experience in the 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 IFG 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. |
| INTERNATIONAL FUTURES GROUP, LLC LET US SHOW YOU THE FUTURES!! |
| 150 South Wacker Drive, Suite 775, Chicago, Illinois 60606 1-312-384-1165, 1-800-786-4475 info@efggrp.com |




