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Forex market Does the forex market have a central clearing house or central location?
avatar Catkathyy
Question by: Jeremy - 04 Aug 2016, 08:15:00
Does the forex market have a central clearing house or central location?
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Answers (1)
avatar user 10323
Answer by: Henry - 04 Aug 2016, 08:39:32

No. Unlike the stock market, the forex market is not centralized. It’s an over-the-counter (OTC) market distributed all over the world, operating 24 hours a day, 5 days a week.

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