Corporate Businesses

The FX market mainstay is that of international trade. Many companies have to import or exports goods to different countries all around the world.

Payment for these goods and services may be made and received in different currencies. Many billions of dollars are exchanges daily to facilitate trade. The timing of those transactions can dramatically affect a company's balance sheet.U4G2ENKK2YA4

Hedge Funds

As we know the FX market can be extremely liquid which is why it can be desirable to trade. Hedge Funds have increasingly allocated portions of their portfolios to speculate on the FX market.

Another advantage Hedge Funds can utilize is a much higher degree of leverage than would typically be found in the equity markets.

Banks

A large part of FX turnover is from banks.

Large banks can literally trade billions of dollars daily. This can take the form of a service to their customers or they themselves speculate on the FX market.