Banking Institutions
a.k.a. Banks
Commercial and investment banks: the biggest players in currency markets, trading for clients and for…
In plain English
Commercial and investment banks: the biggest players in currency markets, trading for clients and for themselves.
Banking institutions sit at the top of the forex food chain. The largest banks trade huge volumes with each other in the interbank market, quote prices to companies and funds, and handle currency for millions of everyday payments.
Their prices feed down to brokers and then to you. When people talk about 'the big money', they often mean these dealing desks.
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