Forex encyclopedia

At present, a main goal of СFTC is to ensure competitive and efficient performance of futures markets, protection of market participants from fraudulent activity, acts of manipulation and abuse. Mission of regulating body is to legally protect participants of financial market. Among all the Commission controls and supervises activities of the companies offering services on trading with derivatives which main asset is currency quote obtained as the result of interbank trading on FOREX market. In particular, the list of standards applied to the activity of retail forex players was elaborated within framework of CFTC, primarily covering risk warning. According to the last, client shall be notified that speculations with contracts denominated in foreign currency can lean to loss of money funds exceeding level of deposit.

NewYork market accounts approximately 19% of the total trade. USD is the currency of the world, nearly 90% of trade will always involve dollars in it.