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Currency market internationally is very mature and large in terms of market share
which is bigger than equity and commodity market. International currency markets
are made up of banks, commercial companies, central banks, investment management
firms, hedge funds, retail forex brokers and investors.
Indian currency markets have noticed heightened activities and extreme volatilities
in last couple of years. The developments taking place in the Indian Forex market
have brightened the prospects for investors and traders.
Participants from all round the world who can buy, sell, exchange and speculate
on differnent currencies. The international currency market comprises of Banks,
Commercial Companies, Central Banks, and Investment Management firms, Hedge Funds,
Retail Forex and Investors.