Trends in FX The Foreign Exchange market originates in the repeal of the Benton Woods Agreement in 1971, when currencies were first floated independent of the gold standard. Since then, FX has become an important tool for governments and institutions, as well as an indicator of economic strength.

In the last 10 years, computer technology has brought Foreign Exchange to the individual investor as never in the past. Whereas in the 1980s FX transactions occurred exclusively between players on the interbank market, the ability to instantly provide clearing services to online traders has enabled the rise of Retail FX.

Retail FX, now accounts for 32% of all FX trading on any given day, and the number is growing. Retail Forex represented an amazing 387 billion dollar daily turnover as of 2001.

This rapid growth is based on the democratization of currency trading that has occurred with the advent of online trading. Anyone in the world, at any time, can log on and trade. At the same time, traditional investors-with experience in stocks, commodities, futures, etc.-are switching to FX because of the superior liquidity and volatility to be found in FX.

The perfect time to enter the Retail FX market with EFX Financial is Today!