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| | FXGLOBALINK: The FOREX Market (Site not responding. Last check: 2007-11-07) |
 | | In fact, banks are increasingly relying on trading in the Forex market for profits while reducing the amount of loans they make since currency risk is easier to manage and measure than is default risk. |
 | | The five major centers of Forex Interbank trading, which handle more than two thirds of all Forex transactions, are London, New York, Zurich, Frankfurt and Tokyo. |
 | | The market itself is actually a worldwide network of interbank traders, consisting primarily of A-Banks, connected by telephone lines and computers. |
| fxglobalink.com /dfxmkt/mkt_participant.htm (420 words) |
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