Common currency



Foreign exchange boasts the largest, most liquid financial market in the world, with around $3 trillion traded every day. Over the past few years, forex issuance more than tripled from around $6 billion in 2005 to $20 billion in 2007 and is fast shedding its status as the poor relation of equities as an underlying for structured products. As a diverse market comprising a multitude of participants, open 24 hours a day, with easy market access and high liquidity, forex has a range of attractions t

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