Foreign exchange trading has been called the fairest market in the world because
A)no single institution can control the direction of the market.
B)trading may take place at any time during a 24-hour period.
C)the volume of trading is very large and liquid.
D)trading may take place anywhere as there is no central location for foreign exchange trading.
E)all of the options are correct.

Question

Quizplus · Accepted Answer

All options are correct. Each option highlights a different aspect of foreign exchange trading that contributes to its reputation as a fair and transparent market. The lack of a single controlling institution (A), the 24-hour trading period (B), the large and liquid volume of trading (C), and the lack of a central location (D) all help ensure that the market is open, accessible, and not subject to manipulation.

Foreign Exchange Trading Has Been Called the Fairest Market in the World