Forex encyclopedia

In the United States of America services on operations with finance derivatives with such base asset as the currency quote obtained in the results of trades on FOREX interbank exchange market are mainly rendered by futures brokers with the futures commission merchant (FCM) license and retail FOREX dealers with retail foreign exchange dealer license (RFED). In the USA historically developed distribution of regulation spheres takes place. Under this model, futures market mainly falls under the competence of Commodity Futures Trading Commission (CFTC) and Self-regulatory organization - National Futures Association (NFA). Futures commission merchants and etail foreign exchange dealers acquire CFTC license and also enroll NFA self-regulatory organization. Regulating agencies set minimum amount threshold of company's proprietary funds, which by today amounts to at least 22 mln US dollars.
Popular article: Chaikin Oscillator
It is commonly known that the concept of Accumulation /Distribution indicator is contained in the theory stating that force of pressure of purchasers or vendors can be calculated in relation to Close price to High and Low of a respective time period. In other words, it can be stated that when price closes in the upper half of trade range (distance between High and Low), purchasers dominate on the market, or when price closes in the bottom half of trade range, there is a pressure from the side of vendors.
New in Encyclopedia
Picture of the day
Detailed statistics of a trading signal
Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus