{"id":2587,"date":"2022-12-15T09:48:14","date_gmt":"2022-12-15T09:48:14","guid":{"rendered":"https:\/\/theliquidity.com\/Landing\/?page_id=2587"},"modified":"2022-12-22T13:14:36","modified_gmt":"2022-12-22T13:14:36","slug":"the-forex-market","status":"publish","type":"page","link":"https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/the-forex-market\/","title":{"rendered":"Chapter 4: The Forex Market"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"2587\" class=\"elementor elementor-2587\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-2597ebb elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"90303\" data-id=\"2597ebb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-443511a exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"40152\" data-id=\"443511a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-inner-section elementor-element elementor-element-7d81538 elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"16255\" data-id=\"7d81538\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8036d52 exad-glass-effect-no exad-sticky-section-no elementor-invisible\" data-eae-slider=\"86502\" data-id=\"8036d52\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-632706f exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"632706f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u7b2c 4 \u7ae0\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-559216bc exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"559216bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u5916\u6c47\u5e02\u573a<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-a8d30c4 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"35071\" data-id=\"a8d30c4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-502e93d elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"13788\" data-id=\"502e93d\" data-element_type=\"section\" data-e-type=\"section\" id=\"event_details_section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-606d46c0 exad-glass-effect-no exad-sticky-section-no elementor-invisible\" data-eae-slider=\"8853\" data-id=\"606d46c0\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-668a528 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-button\" data-id=\"668a528\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/edu.theliquidity.com\/ch\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"icon icon-left-arrow\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">\u56de\u5230\u6d41\u52a8\u6027\u6559\u80b2<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-inner-section elementor-element elementor-element-4ec65f31 elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"55442\" data-id=\"4ec65f31\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-59ce5c58 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"72758\" data-id=\"59ce5c58\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9403f01 wpr-page-list-vertical wpr-pl-badge-center wpr-pl-icon-center exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-wpr-page-list\" data-id=\"9403f01\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpr-page-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpr-page-list-wrap\"><ul class=\"wpr-page-list\"><li class=\"wpr-page-list-item elementor-repeater-item-f929385 wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/forex-101\/\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">1.\u5916\u6c47101<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-eaa42be wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/trading-platform-and-basic-terms\/\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">2. \u4ea4\u6613\u5e73\u53f0\u53ca...<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-749986b wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/methods-of-making-trading-decisions\/\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">3.\u5236\u4f5c\u65b9\u6cd5...<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-e4124b7 wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"#\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">4.\u5916\u6c47\u5e02\u573a<\/a><\/div><\/li><\/ul><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0bf9db wpr-page-list-vertical wpr-pl-badge-center wpr-pl-icon-center exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-wpr-page-list\" data-id=\"c0bf9db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpr-page-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpr-page-list-wrap\"><ul class=\"wpr-page-list\"><li class=\"wpr-page-list-item elementor-repeater-item-f929385 wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"#1st\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">\u94f6\u884c\u95f4\u5e02\u573a<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-a23e4ce wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"#2nd\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">\u5957\u671f\u4fdd\u503c\u8005\u548c\u4f01\u4e1a<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-00972ab wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"#3rd\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">\u6295\u673a\u8005<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-cf1019b wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"#4th\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">\u5bf9\u51b2\u57fa\u91d1<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-87da260 wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"#5th\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">\u79c1\u4eba\u6295\u8d44\u8005<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-880c160 wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"#6th\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">\u653f\u5e9c\u653f\u7b56\u548c...<\/a><\/div><\/li><\/ul><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e85346f wpr-page-list-vertical wpr-pl-badge-center wpr-pl-icon-center exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-wpr-page-list\" data-id=\"e85346f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpr-page-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpr-page-list-wrap\"><ul class=\"wpr-page-list\"><li class=\"wpr-page-list-item elementor-repeater-item-8181dba wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/what-is-fundamental-analysis\/\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">5. \u4ec0\u4e48\u662f\u57fa\u672c\u9762...<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-ec4dcc1 wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/technical-analysis\/\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">6. \u6280\u672f\u5206\u6790<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-e3cf1d1 wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/improve-your-trading\/\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">7. \u5982\u4f55\u6539\u5584...<\/a><\/div><\/li><li class=\"wpr-page-list-item elementor-repeater-item-26512f4 wpr-pointer-none wpr-pointer-line-fx wpr-pointer-fx-fade\"><div><a  href=\"https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/golden-rules-for-successful-trading\/\" target=\"_blank\" rel=\"nofollow\" class=\"wpr-no-pointer wpr-pl-title\">8. \u6210\u529f\u7684\u9ec4\u91d1\u6cd5\u5219<\/a><\/div><\/li><\/ul><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-32befda exad-glass-effect-no exad-sticky-section-no elementor-invisible\" data-eae-slider=\"31483\" data-id=\"32befda\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInRight&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-inner-section elementor-element elementor-element-2fcc2ad5 elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"88593\" data-id=\"2fcc2ad5\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-4c06c9af exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"1158\" data-id=\"4c06c9af\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5ed12d59 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"5ed12d59\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"3706\" height=\"1255\" src=\"https:\/\/edu.theliquidity.com\/wp-content\/uploads\/2022\/12\/Education-cahpter-4.png\" class=\"attachment-full size-full wp-image-2893\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-inner-section elementor-element elementor-element-694f1549 elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"7370\" data-id=\"694f1549\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-5599e30b exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"54136\" data-id=\"5599e30b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f2bd502 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"2f2bd502\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5916\u6c47\u5e02\u573a\u4e4b\u6240\u4ee5\u5982\u6b64\u9002\u5408\u4ea4\u6613\uff0c\u662f\u56e0\u4e3a\u5b83\u7684\u89c4\u6a21\u3002\u5b83\u662f\u4e16\u754c\u4e0a\u6700\u5927\u7684\u5e02\u573a\u3002\u5c3d\u7ba1\u7531\u5927\u578b\u94f6\u884c\u3001\u516c\u53f8\u548c\u653f\u5e9c\u4e3b\u5bfc\uff0c\u4f46\u4efb\u4f55\u89c4\u6a21\u7684\u53c2\u4e0e\u8005\u90fd\u53ef\u4ee5\u52a0\u5165\u5e76\u4ee5\u51e0\u4e4e\u76f8\u540c\u7684\u76f8\u5bf9\u6210\u672c\u8fdb\u884c\u4ea4\u6613\u3002\u8fd9\u662f\u4e0d\u5bfb\u5e38\u7684\uff0c\u56e0\u4e3a\u5916\u6c47\u662f\u4e00\u4e2a\u6211\u4eec\u53ef\u4ee5\u8bf4\u89c4\u6a21\u65e0\u5173\u7d27\u8981\u7684\u5e02\u573a\u3002<\/p><p>\u5916\u6c47\u4ea4\u6613\u91cf\u786e\u5b9e\u5de8\u5927\uff0c\u4f7f\u4e16\u754c\u4e0a\u6240\u6709\u80a1\u7968\u5e02\u573a\u76f8\u5f62\u89c1\u7ecc\u8bb8\u591a\u500d\u3002\u56fd\u9645\u6e05\u7b97\u94f6\u884c\u5728\u5176\u6700\u65b0\u7684\u4e09\u5e74\u671f\u8c03\u67e5\u4e2d\u8868\u793a\uff0c\u622a\u81f3 2019 \u5e74 4 \u6708\uff0c\u5916\u6c47\u5e02\u573a\u7684\u6bcf\u65e5\u4ea4\u6613\u91cf\u8fbe\u5230 6.6 \u4e07\u4ebf\u7f8e\u5143\u3002\u9ad8\u4e8e\u4e09\u5e74\u524d\u7684 5.1 \u4e07\u4ebf\u7f8e\u5143\u3002\u5728 2004 \u5e74\u7684\u4e00\u9879\u8c03\u67e5\u4e2d\uff0c\u6bcf\u65e5\u8425\u4e1a\u989d\u4ec5\u4e3a 2 \u4e07\u4ebf\u7f8e\u5143\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-2584299 elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"63403\" data-id=\"2584299\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-f70d4c7 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"39867\" data-id=\"f70d4c7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section data-wpr-sticky-section=\"yes\" data-wpr-position-type=\"sticky\" data-wpr-position-offset=\"10\" data-wpr-position-location=\"top\" data-wpr-sticky-devices=\"desktop_sticky\" data-wpr-custom-breakpoints=\"\" data-wpr-active-breakpoints=\"mobile_sticky tablet_sticky desktop_sticky\" data-wpr-z-index=\"10\" data-wpr-sticky-hide=\"\" data-wpr-replace-header=\"\" data-wpr-animation-duration=\"\" data-wpr-sticky-type=\"sticky\" class=\"has_eae_slider elementor-section elementor-inner-section elementor-element elementor-element-b29d5ed wpr-sticky-section-yes elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"38550\" data-id=\"b29d5ed\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;position_offset&quot;:10,&quot;position_offset_tablet&quot;:0,&quot;position_offset_mobile&quot;:0}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-0e13b38 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"86376\" data-id=\"0e13b38\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6156f3b exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"6156f3b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/edu.theliquidity.com\/wp-content\/uploads\/2022\/12\/Slider-image2-1024x682.png\" class=\"attachment-large size-large wp-image-2874\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-923279f elementor-icon-list--layout-traditional elementor-list-item-link-full_width exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-icon-list\" data-id=\"923279f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">\u514d\u8d39\u771f\u5b9e\u6216\u6a21\u62df\u8d26\u6237<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"jki jki-check-light\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">\u5c61\u83b7\u6b8a\u8363\u7684\u5ba2\u6237\u670d\u52a1<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"jki jki-check-light\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">4\/5 \u5916\u6c47\u548c\u5e73\u519b\u8bc4\u7ea7<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1881c7d elementor-align-center exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-button\" data-id=\"1881c7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/direct.theliquidity.group\/auth\/register\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">\u767b\u8bb0<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1dc91c0 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"46618\" data-id=\"1dc91c0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-inner-section elementor-element elementor-element-9a1f206 elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"95235\" data-id=\"9a1f206\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-3558172 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"80396\" data-id=\"3558172\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-391df35 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"391df35\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"1st\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u94f6\u884c\u95f4\u5e02\u573a\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-80cb516 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"80cb516\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u94f6\u884c\u95f4\u5e02\u573a\u662f\u91d1\u878d\u673a\u6784\u7684\u5168\u7403\u7f51\u7edc\uff0c\u901a\u5e38\u662f\u4e16\u754c\u4e0a\u6700\u5927\u7684\u94f6\u884c\uff0c\u76f8\u4e92\u4ea4\u6613\u3002\u8fd9\u4e9b\u94f6\u884c\u53ef\u80fd\u4e3a\u4ed6\u4eec\u7684\u5ba2\u6237\uff08\u5176\u4ed6\u94f6\u884c\u6216\u516c\u53f8\uff09\u6216\u4f5c\u4e3a\u59d4\u6258\u4eba\u8fdb\u884c\u4ea4\u6613\uff0c\u8fd9\u610f\u5473\u7740\u4ed6\u4eec\u81ea\u5df1\u7684\u8d26\u6237\u3002\u94f6\u884c\u5229\u7528\u94f6\u884c\u540c\u4e1a\u62c6\u501f\u5e02\u573a\u6765\u7ba1\u7406\u5b83\u4eec\u5bf9\u6c47\u7387\u53d8\u5316\u548c\u5229\u7387\u53d8\u52a8\u7684\u655e\u53e3\u548c\u98ce\u9669\u3002\u4ea4\u6613\u901a\u5e38\u5728\u5f53\u5929\u7ed3\u675f\uff0c\u4f46\u5f88\u5c11\u4f1a\u6301\u7eed\u66f4\u957f\u65f6\u95f4\u3002\u6839\u636e\u56fd\u9645\u6e05\u7b97\u94f6\u884c\u7684\u6570\u636e\uff0c\u5927\u7ea6 50% \u7684\u5916\u6c47\u4ea4\u6613\u90fd\u662f\u4e25\u683c\u610f\u4e49\u4e0a\u7684\u94f6\u884c\u95f4\u4ea4\u6613\u3002<\/p><p>\u8981\u6210\u4e3a\u94f6\u884c\u95f4\u5e02\u573a\u7684\u4e00\u5458\uff0c\u60a8\u5fc5\u987b\u613f\u610f\u6210\u4e3a\u5176\u4ed6\u94f6\u884c\u89c4\u6a21\u7684\u505a\u5e02\u5546\u3002\u8fd9\u610f\u5473\u7740\u60a8\u5fc5\u987b\u613f\u610f\u4ee5\u53cc\u5411\u4ef7\u683c\u8fdb\u884c\u4e70\u5165\u6216\u5356\u51fa\uff0c\u5e76\u4e14\u6700\u4f4e\u91d1\u989d\u5f88\u5927\u3002\u8fd9\u5c06\u4f1a\u5458\u8d44\u683c\u9650\u5236\u5728\u6700\u5927\u3001\u6700\u6d3b\u8dc3\u3001\u6700\u5bcc\u6709\u548c\u6700\u6709\u4fe1\u8a89\u7684\u94f6\u884c\u3002\u5f53\u4eca\u6700\u5927\u7684\u53c2\u4e0e\u8005\u5305\u62ec\u82b1\u65d7\u94f6\u884c\u3001\u6469\u6839\u5927\u901a\u3001\u5fb7\u610f\u5fd7\u94f6\u884c\u548c\u6c47\u4e30\u94f6\u884c\u3002\u8fd8\u6709\u5176\u4ed6\u6210\u5458\uff0c\u5305\u62ec\u4e00\u4e9b\u5bf9\u51b2\u57fa\u91d1\u548c\u8d38\u6613\u516c\u53f8\u3002<\/p><p>\u4f7f\u8fd9\u4e2a\u4ff1\u4e50\u90e8\u7684\u4f1a\u5458\u8d44\u683c\u5982\u6b64\u72ec\u7279\u7684\u539f\u56e0\u662f\u4ea4\u6613\u7684\u5178\u578b\u89c4\u6a21\u3002\u5728\u94f6\u884c\u95f4\u5e02\u573a\uff0c\u00a0<em>\u4e00<\/em>\u00a0\u4e3a 1,000,000 \u7f8e\u5143\uff0c\u4f46\u6700\u5c0f\u4ea4\u6613\u89c4\u6a21\u4e3a 5,000,000 \u7f8e\u5143\u3002\u56e0\u6b64\uff0c10 \u7b14\u4ea4\u6613\u5c31\u662f 1000 \u4e07\u7f8e\u5143\u3002\u94f6\u884c\u4e4b\u95f4\u77ac\u95f4\u5b8c\u6210 10 \u4ebf\u7f8e\u5143\u7684\u4ea4\u6613\u5e76\u4e0d\u5c11\u89c1\u3002 10\u4ebf\u7f8e\u5143\u5728\u94f6\u884c\u540c\u4e1a\u62c6\u501f\u5e02\u573a\u88ab\u79f0\u4e3a\u201c\u4e00\u7801\u201d\u3002\u8fd9\u662f milliard \u7684\u62bc\u97f5\u4fda\u8bed\uff0c\u662f\u5341\u4ebf\u7684\u6b27\u6d32\u540d\u79f0\u3002\u5b83\u88ab\u4f7f\u7528\u662f\u56e0\u4e3a\u00a0<em>\u767e\u4e07<\/em>\u00a0and\u00a0<em>billion<\/em>\u00a0\u542c\u8d77\u6765\u592a\u76f8\u4f3c\uff0c\u53ef\u80fd\u4f1a\u5bfc\u81f4\u4e25\u91cd\u7684\u9519\u8bef\u3002\u5b83\u662f\u901a\u8fc7\u7535\u8bdd\u6216\u573a\u5916\u4ea4\u6613 (OTC) \u5b89\u6392\u548c\u6267\u884c\u4ea4\u6613\u7684\u65f6\u4ee3\u7684\u4ea7\u7269\u3002\u8fd9\u5c31\u662f\u94f6\u884c\u540c\u4e1a\u62c6\u501f\u5e02\u573a\u5982\u6b64\u72ec\u7279\u7684\u539f\u56e0\u3002\u5176\u4ed6\u53c2\u4e0e\u8005\u5fc5\u987b\u77e5\u9053\uff0c\u4e0e\u4ed6\u4eec\u6253\u4ea4\u9053\u7684\u4eba\u9002\u5408\u8fd9\u79cd\u89c4\u6a21\u7684\u4ea4\u6613\u3002<\/p><p>\u94f6\u884c\u95f4\u5e02\u573a\u662f\u4e0d\u53d7\u76d1\u7ba1\u548c\u5206\u6563\u7684\u3002\u5927\u591a\u6570\u4e2d\u592e\u94f6\u884c\u4ece\u53c2\u4e0e\u8005\u90a3\u91cc\u6536\u96c6\u6570\u636e\u4ee5\u786e\u5b9a\u7ecf\u6d4e\u98ce\u9669\u5f71\u54cd\uff0c\u5e76\u5173\u6ce8\u5168\u7403\u91d1\u878d\u7a33\u5b9a\u3002\u5c3d\u7ba1\u4e0d\u53d7\u76d1\u7ba1\uff0c\u4f46\u81ea 1970 \u5e74\u4ee3\u94f6\u884c\u540c\u4e1a\u62c6\u501f\u5e02\u573a\u542f\u52a8\u4ee5\u6765\uff0c\u51e0\u4e4e\u6ca1\u6709\u51fa\u73b0\u8fdd\u7ea6\u548c\u4e11\u95fb\u3002\u94f6\u884c\u95f4\u5e02\u573a\u662f\u6279\u53d1\u5916\u6c47\u5e02\u573a\u3002<\/p><p>\u4eca\u5929\uff0c\u6240\u6709 G7 \u8d27\u5e01\u7684\u94f6\u884c\u95f4\u4ea4\u6613\u90fd\u662f\u4f7f\u7528\u7535\u8111\u5b8c\u6210\u7684\uff0c\u4e0d\u518d\u662f\u901a\u8fc7\u7535\u8bdd\u3002\u4eba\u7c7b\u65e0\u6cd5\u5728\u4eca\u5929\u6240\u9700\u7684\u77ac\u95f4\u51c6\u786e\u65e0\u8bef\u5730\u8fdb\u884c\u4ea4\u6613\u524d\u4fe1\u7528\u68c0\u67e5\u548c\u7ed3\u7b97\u8fc7\u7a0b\u3002\u5947\u5f02\u8d27\u5e01\u5bf9\u548c\u4ea4\u53c9\u6c47\u7387\u4ecd\u5728\u4ea4\u6613\u5546\u4e4b\u95f4\u901a\u8fc7\u7535\u8bdd\u8fdb\u884c\u4ea4\u6613\u3002\u8d8b\u52bf\u8868\u660e\u8fd9\u79cd\u60c5\u51b5\u4f1a\u8d8a\u6765\u8d8a\u5c11\u53d1\u751f\u3002\u94f6\u884c\u95f4\u5916\u6c47\u4ea4\u6613\u5546\u6b63\u9010\u6e10\u88ab\u8ba1\u7b97\u673a\u5316\u7cfb\u7edf\u6240\u53d6\u4ee3\uff0c\u8fd9\u4e9b\u7cfb\u7edf\u53ef\u4ee5\u626b\u63cf\u5927\u91cf\u4ea4\u6613\u8005\uff08\u8ba1\u7b97\u673a\uff09\u4e00\u6b21\u8fdb\u884c\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u4ea4\u6613\u3002<\/p><p>\u5728\u5e03\u96f7\u987f\u68ee\u6797\u534f\u5b9a\u5d29\u6e83\u548c 1971 \u5e74\u7406\u67e5\u5fb7\u5c3c\u514b\u677e\u603b\u7edf\u51b3\u5b9a\u8ba9\u7f8e\u56fd\u8131\u79bb\u91d1\u672c\u4f4d\u5236\u4e4b\u540e\uff0c\u94f6\u884c\u540c\u4e1a\u62c6\u501f\u5e02\u573a\u975e\u6b63\u5f0f\u5730\u8d70\u5230\u4e86\u4e00\u8d77\u3002\u5927\u591a\u6570\u5927\u578b\u5de5\u4e1a\u5316\u56fd\u5bb6\u7684\u8d27\u5e01\u6c47\u7387\u968f\u540e\u88ab\u5141\u8bb8\u81ea\u7531\u6d6e\u52a8\uff0c\u53ea\u6709\u5076\u5c14\u4e14\u901a\u5e38\u4e0d\u6210\u529f\u7684\u653f\u5e9c\u5e72\u9884\u3002\u5e02\u573a\u6ca1\u6709\u96c6\u4e2d\u4f4d\u7f6e\uff0c\u56e0\u4e3a\u4ea4\u6613\u5728\u5168\u7403\u8303\u56f4\u5185\u540c\u6b65\u8fdb\u884c\uff0c\u5e76\u4e14\u4ec5\u5728\u5468\u672b\u548c\u8282\u5047\u65e5\u505c\u6b62\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bbe2e33 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"bbe2e33\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"2nd\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u5957\u671f\u4fdd\u503c\u8005\u548c\u4f01\u4e1a\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea86e57 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"ea86e57\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5916\u6c47\u5e02\u573a\u4f4d\u4e8e\u5168\u7403\u5546\u4e1a\u4ea4\u6613\u548c\u6295\u8d44\u7684\u4e2d\u5fc3\u3002\u7f8e\u56fd\u8de8\u56fd\u516c\u53f8\u3001\u6b27\u6d32\u5bf9\u51b2\u57fa\u91d1\u3001\u5357\u7f8e\u5496\u5561\u751f\u4ea7\u5546\u90fd\u5fc5\u987b\u901a\u8fc7\u5916\u6c47\u5e02\u573a\u3002\u5bf9\u4e8e\u5168\u7403\u8d38\u6613\u5b9e\u4f53\u6765\u8bf4\uff0c\u8fd9\u662f\u4e0d\u53ef\u907f\u514d\u7684\u3002<\/p><p>\u5916\u6c47\u5e02\u573a\u4e0a\u6709\u4e24\u79cd\u7c7b\u578b\u7684\u6d3b\u52a8\uff1a\u5546\u4e1a\u4ea4\u6613\u548c\u6295\u673a\u3002\u516c\u53f8\u5c06\u5546\u4e1a\u4ea4\u6613\u4f5c\u4e3a\u5176\u6574\u4f53\u4e1a\u52a1\u7684\u4e00\u90e8\u5206\u8fdb\u884c\uff0c\u4e0d\u4e00\u5b9a\u51fa\u4e8e\u6295\u8d44\u539f\u56e0\u3002\u4ed6\u4eec\u53ef\u80fd\u53ea\u662f\u5728\u505a\u4e00\u4e2a\u00a0<em>change<\/em>\u00a0\u4ea4\u6613 \u2013 \u5c06\u8d27\u5e01\u4ece\u672c\u56fd\u8d27\u5e01\u8f6c\u4e3a\u8d2d\u4e70\u6216\u51fa\u552e\u65f6\u4f7f\u7528\u7684\u56fd\u5bb6\u8d27\u5e01\u3002<\/p><p>\u516c\u53f8\u4ea4\u6613\u5bf9\u5916\u6c47\u5e02\u573a\u5f88\u91cd\u8981\uff0c\u56e0\u4e3a\uff1a<\/p><ul><li>\u4ed6\u4eec\u7684\u4ea4\u6613\u89c4\u6a21\u53ef\u4ee5\u5f02\u5e38\u5927\uff0c\u901a\u5e38\u4e3a\u6570\u4ebf\u7f8e\u5143\uff0c\u751a\u81f3\u6570\u5341\u4ebf\u7f8e\u5143\u3002<\/li><li>\u53ef\u80fd\u4f1a\u6709\u9002\u5f53\u7684\u5bf9\u51b2\u2014\u2014\u968f\u7740\u65f6\u95f4\u7684\u63a8\u79fb\u9632\u6b62\u8d27\u5e01\u98ce\u9669\u3002\u8fd9\u4e9b\u5c06\u5728\u8d27\u5e01\u6ce2\u52a8\u98ce\u9669\u6d88\u5931\u65f6\u81ea\u52a8\u8fdb\u5165\u548c\u9000\u51fa\u3002<\/li><li>\u5b83\u4eec\u901a\u5e38\u662f\u4e00\u6b21\u6027\u4e8b\u4ef6\u3002<\/li><li>\u4ed6\u4eec\u901a\u5e38\u5bf9\u4ef7\u683c\u4e0d\u654f\u611f\u6216\u8ffd\u6c42\u5229\u6da6\u6700\u5927\u5316\u3002\u516c\u53f8\u53ea\u662f\u60f3\u6362\u94b1\u4ee5\u53e6\u4e00\u79cd\u8d27\u5e01\u4e70\u5356\u5546\u54c1\u3002<\/li><\/ul><p><strong>\u5bf9\u51b2<\/strong><\/p><p>\u667a\u5229\u7684\u94dc\u7ba1\u751f\u4ea7\u5546\u53ef\u80fd\u4f1a\u5c06\u8d27\u7269\u51fa\u552e\u7ed9\u6b27\u6d32\u7684\u623f\u5c4b\u5efa\u7b51\u5546\u3002\u4ed6\u4eec\u4f1a\u5728\u4ea4\u6613\u5b8c\u6210\u540e\u786e\u5b9a\u4ef7\u683c\uff0c\u4f46\u4ed8\u6b3e\u5c06\u5728\u6b27\u6d32\u6536\u5230\u94dc\u7ba1\u540e\u8fdb\u884c\u3002\u5236\u9020\u94dc\u7ba1\u5e76\u5c06\u5b83\u4eec\u8fd0\u5230\u6b27\u6d32\u76ee\u7684\u5730\u9700\u8981\u65f6\u95f4\u3002\u5728\u6b64\u671f\u95f4\uff0c\u4e70\u5356\u53cc\u65b9\u90fd\u4f1a\u53d7\u5230\u5916\u6c47\u5e02\u573a\u4e0d\u5229\u8d70\u52bf\u7684\u5f71\u54cd\u3002\u53cc\u65b9\u90fd\u53ef\u4ee5\u5728\u5408\u540c\u5f00\u59cb\u65f6\u542f\u52a8\u76f8\u53cd\u7684\u8d27\u5e01\u5bf9\u51b2\uff0c\u7136\u540e\u5728\u5b8c\u6210\u548c\u4ed8\u6b3e\u65f6\u53d6\u6d88\u5bf9\u51b2\u3002\u5bf9\u51b2\u662f\u76f8\u53cd\u7684\uff0c\u56e0\u4e3a\u6bcf\u4e00\u65b9\u7684\u98ce\u9669\u662f\u76f8\u53cd\u7684\u3002\u53cc\u65b9\u90fd\u6ca1\u6709\u5174\u8da3\u4ece\u8d27\u7269\u4ea4\u4ed8\u671f\u95f4\u7684\u5916\u6c47\u53d8\u52a8\u4e2d\u8d5a\u94b1\u3002\u4f46\u5b83\u53ef\u80fd\u5bf9\u4ed6\u4eec\u6709\u5229\uff0c\u4e5f\u53ef\u80fd\u5bf9\u4ed6\u4eec\u4e0d\u5229\u3002\u4ed6\u4eec\u56fa\u5b9a\u5229\u7387\uff0c\u56e0\u6b64\u901a\u8fc7\u5bf9\u51b2\u62b5\u6d88\u4e86\u98ce\u9669\u3002\u94dc\u751f\u4ea7\u5546\u7684\u4e1a\u52a1\u662f\u91c7\u77ff\u548c\u5236\u9020\u7ba1\u9053\u3002\u623f\u5c4b\u5efa\u7b51\u5546\u7684\u4e1a\u52a1\u662f\u5efa\u7b51\u3002\u53cc\u65b9\u90fd\u4e0d\u5e0c\u671b\u8d27\u5e01\u4ef7\u683c\u53d8\u52a8\u7684\u4e0d\u786e\u5b9a\u6027\u3002\u4e24\u8005\u90fd\u5bf9\u8d27\u5e01\u8d70\u52bf\u672c\u8eab\u4e0d\u611f\u5174\u8da3\u3002\u4ed6\u4eec\u5c06\u5176\u89c6\u4e3a\u4e00\u79cd\u98ce\u9669\uff0c\u5e0c\u671b\u62b5\u6d88\u5176\u5b9e\u9645\u5236\u9020\u548c\u5efa\u7b51\u4e1a\u52a1\u5e76\u4ece\u4e2d\u83b7\u5229\u3002\u8fd9\u4e0e\u6295\u673a\u8005\u7684\u5fc3\u6001\u5b8c\u5168\u4e0d\u540c\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f60d8c exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"5f60d8c\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"3rd\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u6295\u673a\u8005\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3e0c24 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"e3e0c24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5927\u591a\u6570\u77ed\u671f\u5916\u6c47\u4ea4\u6613\u90fd\u662f\u6295\u673a\u6027\u7684\u3002\u636e\u4f30\u8ba1\uff0c\u8d85\u8fc7 90% \u7684\u6bcf\u65e5\u5916\u6c47\u4ea4\u6613\u91cf\u5b8c\u5168\u57fa\u4e8e\u6295\u673a\u3002<\/p><p><em>\u773c\u955c<\/em>\u00a0\u8fdb\u5165\u5e02\u573a\u53ea\u6709\u4e00\u4e2a\u539f\u56e0\uff1a\u8d5a\u94b1\u3002\u867d\u7136\u5bf9\u51b2\u964d\u4f4e\u4e86\u98ce\u9669\uff0c\u4f46\u6295\u673a\u8005\u5374\u6b23\u7136\u63a5\u53d7\u3002\u6295\u673a\u8005\u901a\u8fc7\u5c06\u8d44\u91d1\u5f15\u5165\u5e02\u573a\uff0c\u4e3a\u5e02\u573a\u63d0\u4f9b\u4e86\u91cd\u8981\u7684\u6d41\u52a8\u6027\u6765\u6e90\u3002\u6d41\u52a8\u6027\u5e73\u6ed1\u4e86\u4ef7\u683c\u53d8\u52a8\uff0c\u4f7f\u4e70\u5356\u4ef7\u5dee\uff08\u4ea4\u6613\u6210\u672c\uff09\u7f29\u5c0f\uff0c\u5e76\u4f7f\u5e02\u573a\u5e73\u7a33\u8fd0\u884c\u3002\u6295\u673a\u8005\u5728\u5e02\u573a\u4e2d\u626e\u6f14\u7740\u91cd\u8981\u4e14\u6709\u76ca\u7684\u89d2\u8272\u3002\u5982\u679c\u60a8\u4ea4\u6613\u5916\u6c47\uff0c\u90a3\u4e48\u60a8\u5c31\u662f\u6295\u673a\u8005\u3002<\/p><p>\u6295\u673a\u8005\u6709\u591a\u79cd\u5f62\u5f0f\u548c\u89c4\u6a21\u3002\u4ea4\u6613\u7684\u4e00\u65b9\u53ef\u80fd\u662f\u5c0f\u578b\u79c1\u4eba\u6295\u673a\u8005\uff0c\u53e6\u4e00\u65b9\u662f\u5927\u578b\u5bf9\u51b2\u57fa\u91d1\u3002\u8fd9\u4e9b\u53c2\u4e0e\u8005\u4e0d\u65ad\u5730\u76f8\u4e92\u4ea4\u6613\u3002<\/p><p>\u4e86\u89e3\u8fd9\u4e9b\u53c2\u4e0e\u8005\u662f\u8c01\u4ee5\u53ca\u4ed6\u4eec\u7684\u884c\u4e3a\u65b9\u5f0f\u81f3\u5173\u91cd\u8981\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c39a2d9 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"c39a2d9\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"4th\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u5bf9\u51b2\u57fa\u91d1\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2789bad exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"2789bad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u5bf9\u51b2\u57fa\u91d1\u4e0d\u592a\u53ef\u80fd\u6210\u4e3a\u00a0<em>\u5bf9\u51b2\u8005<\/em>.\u4ed6\u4eec\u4e0d\u4f1a\u62b5\u6d88\u98ce\u9669\uff0c\u800c\u662f\u4f1a\u5bfb\u6c42\u5229\u7528\u5b83\u3002 2018 \u5e74\uff0c\u5bf9\u51b2\u57fa\u91d1\u884c\u4e1a\u7ba1\u7406\u7684\u8d44\u4ea7\u7ea6\u4e3a 3.58 \u4e07\u4ebf\u7f8e\u5143\u3002\u5176\u4e2d\u6700\u5927\u6bd4\u4f8b\u7684\u57fa\u91d1\u5728 5 \u4ebf\u7f8e\u5143\u81f3 10 \u4ebf\u7f8e\u5143\u4e4b\u95f4\u3002\u8be5\u5730\u533a\u7684\u57fa\u91d1\u662f\u4e2d\u7b49\u89c4\u6a21\u7684\u5bf9\u51b2\u57fa\u91d1\u3002\u7ba1\u7406\u8d44\u4ea7\u89c4\u6a21\uff08AUM\uff09\u8f83\u5c11\u7684\u57fa\u91d1\u88ab\u79f0\u4e3a\u5c0f\u578b\u5bf9\u51b2\u57fa\u91d1\uff0cAUM\u5728\u4ee5\u4e0a\u7684\u57fa\u91d1\u88ab\u79f0\u4e3a\u5927\u578b\u5bf9\u51b2\u57fa\u91d1\u3002\u6240\u6709\u5bf9\u51b2\u57fa\u91d1\u90fd\u4ece\u4e8b\u5916\u6c47\u4ea4\u6613\uff0c\u4f46\u53ea\u6709\u4e00\u5c0f\u90e8\u5206\u4e13\u95e8\u4e13\u6ce8\u4e8e\u5916\u6c47\u5e02\u573a\u3002<\/p><p>\u4e0e\u94f6\u884c\u4e00\u8d77\uff0c\u5bf9\u51b2\u57fa\u91d1\u662f\u5e02\u573a\u4e0a\u6700\u7a81\u51fa\u7684\u53c2\u4e0e\u8005\u3002\u5bf9\u51b2\u57fa\u91d1\u901a\u5e38\u8d1f\u503a\u7387\u6216\u6760\u6746\u7387\u5f88\u9ad8\uff0c\u56e0\u6b64\u5b83\u4eec\u7684\u4ea4\u6613\u89c4\u6a21\u662f AUM \u7684\u8bb8\u591a\u500d\u3002\u4e00\u4e2a 1 \u4ebf\u7f8e\u5143\u7684 AUM \u57fa\u91d1\u53ef\u80fd\u6709 5 \u4ebf\u7f8e\u5143\u81f3 20 \u4ebf\u7f8e\u5143\u7684\u4ea4\u6613\u9650\u989d\u3002<\/p><p>\u76f8\u5bf9\u8f83\u5c11\u7684\u5916\u6c47\u5bf9\u51b2\u57fa\u91d1\u5c06\u5b8f\u89c2\u7ecf\u6d4e\u65b0\u95fb\u4f5c\u4e3a\u9a71\u52a8\u56e0\u7d20\u3002\u4ed6\u4eec\u66f4\u6709\u53ef\u80fd\u4f7f\u7528\u6280\u672f\u5206\u6790\u6216\u5b9a\u91cf\u65b9\u6cd5\u3002\u4e00\u4e9b\u5bf9\u51b2\u57fa\u91d1\u4f7f\u7528\u9ed1\u7bb1\u65b9\u6cd5\u8fdb\u884c\u4e70\u5356\u3002\u9ed1\u5323\u5b50\u662f\u6307\u7528\u4e8e\u751f\u6210\u4ea4\u6613\u51b3\u7b56\u7684\u4e13\u6709\u91cf\u5316\u516c\u5f0f\u3002\u8f93\u5165\u4ef7\u683c\u548c\u5176\u4ed6\u6570\u636e\uff0c\u8f93\u51fa\u4ea4\u6613\u4fe1\u53f7\u5e76\u7531\u8ba1\u7b97\u673a\u672c\u8eab\u6267\u884c\u3002\u9ed1\u5323\u5b50\u91cc\u9762\u662f\u4ec0\u4e48\uff0c\u65e0\u4eba\u77e5\u6653\u3002\u9ed1\u5323\u5b50\u53ef\u80fd\u6b63\u5728\u5b66\u4e60\u548c\u6559\u6388\u81ea\u5df1\u3002\u968f\u7740\u5b83\u5b66\u5230\u66f4\u591a\u4e1c\u897f\u5e76\u83b7\u5f97\u66f4\u591a\u7ecf\u9a8c\uff0c\u5b83\u4e70\u5356\u7684\u57fa\u672c\u539f\u7406\u6b63\u5728\u53d1\u751f\u53d8\u5316\u3002\u4ecb\u4e8e\u6280\u672f\u5206\u6790\u65b9\u6cd5\u548c\u9ed1\u76d2\u65b9\u6cd5\u4e4b\u95f4\u7684\u662f\u57fa\u4e8e\u89c4\u5219\u7684\u4ea4\u6613\u7cfb\u7edf\u6216\u7cfb\u7edf\u65b9\u6cd5\u3002\u8fd9\u4e9b\u7cfb\u7edf\u91c7\u7528\u7ecf\u8fc7\u6d4b\u8bd5\u7684\u5b9a\u4e49\u89c4\u5219\u6765\u8fdb\u5165\u548c\u9000\u51fa\u4ea4\u6613\u3002\u6280\u672f\u5206\u6790\u65b9\u6cd5\u548c\u7cfb\u7edf\u65b9\u6cd5\u5728\u975e\u673a\u6784\u4ea4\u6613\u8005\u4e2d\u5f88\u53d7\u6b22\u8fce\u3002\u4e8b\u5b9e\u4e0a\uff0c\u5728\u8fd9\u4e9b\u4ea4\u6613\u65b9\u5f0f\u4e2d\uff0c\u5927\u94f6\u884c\u548c\u5bf9\u51b2\u57fa\u91d1\u76f8\u5bf9\u4e8e\u79c1\u4eba\u6295\u8d44\u8005\u5e76\u6ca1\u6709\u7279\u522b\u7684\u4f18\u52bf\u3002\u4e8b\u5b9e\u4e0a\uff0c\u7531\u4e8e\u5176\u5e9e\u5927\u7684\u89c4\u6a21\uff0c\u5b83\u4eec\u901a\u5e38\u5904\u4e8e\u52a3\u52bf\u3002<\/p><p>\u53e6\u4e00\u79cd\u7c7b\u578b\u7684\u4ea4\u6613\u79f0\u4e3a\u5168\u6743\u59d4\u6258\u4ea4\u6613\u3002\u51fa\u4e8e\u6cd5\u5f8b\u539f\u56e0\uff0c\u5982\u4eca\u94f6\u884c\u548c\u5bf9\u51b2\u57fa\u91d1\u5f88\u5c11\u96c7\u7528\u5168\u6743\u59d4\u6258\u4ea4\u6613\u5458\u3002\u5982\u679c\u4ed6\u4eec\u8fd9\u6837\u505a\uff0c\u4ea4\u6613\u8005\u5c06\u88ab\u79f0\u4e3a\u4e13\u6709\u6216\u81ea\u8425\u4ea4\u6613\u8005\u3002\u8fd9\u4ecd\u7136\u662f\u6700\u53d7\u79c1\u4eba\u6295\u8d44\u8005\u6b22\u8fce\u7684\u4ea4\u6613\u65b9\u5f0f\u3002\u5168\u6743\u59d4\u6258\u4ea4\u6613\u662f\u5728\u611f\u89c9\u5408\u9002\u7684\u65f6\u5019\u8fdb\u884c\u4ea4\u6613\u3002\u4eca\u5929\uff0c\u5728\u7ecf\u5386\u4e86\u5168\u7403\u91d1\u878d\u5371\u673a (GFC) \u4e4b\u524d\u7684\u8fc7\u5ea6\u4ea4\u6613\u4e4b\u540e\uff0c\u8fd9\u79cd\u4ea4\u6613\u65b9\u5f0f\u88ab\u8ba4\u4e3a\u5bf9\u673a\u6784\u6765\u8bf4\u98ce\u9669\u592a\u5927\u3002<\/p><p><strong>\u9ad8\u9891\u4ea4\u6613<\/strong><\/p><p>\u9ad8\u9891\u4ea4\u6613 (HFT) \u662f\u94f6\u884c\u548c\u5bf9\u51b2\u57fa\u91d1\u7684\u4e13\u6709\u9886\u57df\u3002\u5f97\u5230\u4e00\u4e2a\u00a0<em>edge<\/em>\u00a0\u6216\u4f18\u52bf\uff0c\u60a8\u5fc5\u987b\u62e5\u6709\u6602\u8d35\u7684\u8bbe\u5907\u3001\u4f4e\u4ea4\u6613\u5ef6\u8fdf\u3001\u6781\u5176\u5de7\u5999\u7684\u7f16\u7a0b\u4ee5\u53ca\u5728\u4ee5\u7eb3\u79d2\u4e3a\u5355\u4f4d\u7684\u65f6\u95f4\u6bb5\u5185\u6267\u884c\u7684\u80fd\u529b\u3002\u7531\u4e8e\u4ea4\u6613\u7684\u8fdb\u5165\u548c\u9000\u51fa\u4e4b\u95f4\u7684\u5dee\u5f02\uff0c\u5934\u5bf8\u89c4\u6a21\u5fc5\u987b\u5f88\u5927\u624d\u80fd\u4ea7\u751f\u6709\u610f\u4e49\u7684\u5229\u6da6\u3002\u9ad8\u9891\u4ea4\u6613\u662f\u5bcc\u88d5\u53c2\u4e0e\u8005\u7684\u4e13\u5c5e\u9886\u57df\uff0c\u5728\u5916\u6c47\u5e02\u573a\u4e0a\u4e0d\u5982\u5728\u80a1\u7968\u5e02\u573a\u4e0a\u666e\u904d\u3002\u8fd9\u662f\u56e0\u4e3a\u5916\u6c47\u6548\u7387\u592a\u9ad8\uff0c\u56e0\u6b64\u9ad8\u9891\u4ea4\u6613\u673a\u5668\u66f4\u96be\u8d5a\u94b1\u3002\u80a1\u7968\u5e02\u573a\u7684\u4f4e\u6548\u7387\u8db3\u4ee5\u8ba9\u9ad8\u9891\u4ea4\u6613\u673a\u5668\u5728\u6ca1\u6709\u8fc7\u5ea6\u98ce\u9669\u7684\u60c5\u51b5\u4e0b\u83b7\u5229\u3002\u4ed6\u4eec\u6240\u505a\u7684\u4ea4\u6613\u5bf9\u79c1\u4eba\u6295\u8d44\u8005\u7684\u4ea4\u6613\u6ca1\u6709\u660e\u663e\u5f71\u54cd\u3002\u5b9e\u9645\u4e0a\uff0c\u8fd9\u53ef\u80fd\u5bf9\u79c1\u4eba\u6295\u8d44\u8005\u6709\u5229\uff0c\u56e0\u4e3a\u5b83\u589e\u52a0\u4e86\u5e02\u573a\u7684\u6d41\u52a8\u6027\uff0c\u610f\u5473\u7740\u66f4\u597d\u7684\u6267\u884c\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a3eeeb exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"8a3eeeb\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"5th\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u79c1\u4eba\u6295\u8d44\u8005<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-017ce78 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"017ce78\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div id=\"the-forex-market_private-investors\" class=\"content__section js-page-navigation-row\"><p>\u5927\u591a\u6570\u8d27\u5e01\u4ea4\u6613\u672c\u8d28\u4e0a\u662f\u6295\u673a\u6027\u548c\u77ed\u671f\u6027\u7684\u3002\u77ed\u671f\u53ef\u4ee5\u662f\u4e00\u5206\u949f\u5230\u4e00\u5206\u949f\u6216\u4e00\u5c0f\u65f6\u5230\u4e00\u5c0f\u65f6\uff0c\u4f46\u5934\u5bf8\u901a\u5e38\u4e0d\u4f1a\u6301\u6709\u6570\u5929\u6216\u6570\u5468\u3002\u79c1\u4eba\u6295\u8d44\u8005\u901a\u5e38\u662f\u65e5\u95f4\u4ea4\u6613\u8005\uff0c\u4e13\u6ce8\u4e8e\u4ece\u5e02\u573a\u63a5\u4e0b\u6765\u7684 20 \u5230 30 \u4e2a\u70b9\u4e2d\u83b7\u5229\u3002<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d341ec8 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"d341ec8\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"6th\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u653f\u5e9c\u653f\u7b56\u548c\u4e2d\u592e\u94f6\u884c\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e87fad exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"9e87fad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div 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15\u5e74\u524d\uff0c\u7f8e\u5143\u5360\u5168\u7403\u8d27\u5e01\u50a8\u5907\u6301\u6709\u91cf\u768465%\u3002\u7f8e\u5143\u662f\u4e16\u754c\u8d27\u5e01\u3002<\/p><p>\u51e0\u5341\u5e74\u6765\uff0c\u7f8e\u56fd\u4e0e\u4e16\u754c\u5176\u4ed6\u5730\u533a\u5b58\u5728\u5de8\u989d\u8d38\u6613\u548c\u7ecf\u5e38\u8d26\u6237\u9006\u5dee\u3002\u53e6\u4e00\u65b9\u9762\uff0c\u5176\u4ed6\u56fd\u5bb6\u3001\u4e9a\u6d32\u4e43\u81f3\u5176\u8fb9\u5883\u56fd\u5bb6\u52a0\u62ff\u5927\u548c\u58a8\u897f\u54e5\u79ef\u7d2f\u4e86\u5927\u91cf\u8d38\u6613\u987a\u5dee\u3002<\/p><p>\u7f8e\u56fd\u4e0d\u65ad\u81a8\u80c0\u7684\u8d64\u5b57\u5b9e\u8d28\u4e0a\u5c31\u662f\u7f8e\u56fd\u4ece\u8d38\u6613\u987a\u5dee\u56fd\u5bb6\u501f\u5165\u8d8a\u6765\u8d8a\u591a\u7684\u94b1\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u8fd9\u4e9b\u56fd\u5bb6\u4ee5\u7f8e\u56fd\u56fd\u503a\uff08\u653f\u5e9c\uff09\u503a\u52a1\u8bc1\u5238\u7684\u5f62\u5f0f\u8d2d\u4e70\u501f\u636e\u3002<\/p><p>\u4eba\u4eec\u8d8a\u6765\u8d8a\u62c5\u5fc3\u7f8e\u5143\u5728\u56fd\u9645\u8d38\u6613\u4e2d\u7684\u4e3b\u5bfc\u5730\u4f4d\u3002\u653f\u5e9c\u3001\u56fd\u9645\u8d38\u6613\u5546\u548c\u516c\u53f8\u5bf9\u88ab\u8feb\u4f7f\u7528\u4e00\u79cd\u53d7\u5230\u5982\u6b64\u63a7\u5236\u7684\u8d27\u5e01\u611f\u5230\u4e0d\u5b89\u2014\u2014\u6709\u4eba\u8bf4\u8fd9\u79cd\u8d27\u5e01\u53d7\u5230\u4e0d\u7a33\u5b9a\u548c\u653f\u6cbb\u63a7\u5236\u3002\u5c3d\u7ba1\u6709\u5f88\u591a\u5173\u4e8e\u7f8e\u5143\u4f5c\u4e3a\u4e16\u754c\u50a8\u5907\u8d27\u5e01\u7684\u66ff\u4ee3\u54c1\u7684\u8ba8\u8bba\uff0c\u4f46\u51e0\u4e4e\u6ca1\u6709\u771f\u6b63\u7684\u6539\u53d8\u3002\u6709\u4e00\u5929\uff0c\u6211\u4eec\u53ef\u80fd\u4f1a\u4f7f\u7528\u4e00\u7bee\u5b50\u65b0\u8d27\u5e01\u3001\u4eba\u6c11\u5e01\u6216\u4e00\u79cd\u52a0\u5bc6\u8d27\u5e01\u3002\u76ee\u524d\uff0c\u7f8e\u5143\u4e3a\u738b\u3002<\/p><p>G7\u3001G8 \u548c G20<\/p><p>\u4e03\u56fd\u96c6\u56e2 (G7) \u6bcf\u5e74\u5f00\u4f1a\u8ba8\u8bba\u5168\u7403\u95ee\u9898\uff0c\u4e3b\u8981\u662f\u653f\u6cbb\u95ee\u9898\u3002\u5728 20 \u4e16\u7eaa 70 \u5e74\u4ee3\u7b2c\u4e00\u6b21\u77f3\u6cb9\u5371\u673a\u4e4b\u540e\uff0c\u5168\u7403\u9886\u5bfc\u4eba\u5e0c\u671b\u5728\u4e16\u754c\u7ecf\u6d4e\u906d\u53d7\u82e6\u96be\u4e4b\u9645\u4e3a\u6b64\u505a\u70b9\u4ec0\u4e48\u3002\u4e00\u7fa4\u653f\u5e9c\u5b98\u5458\u51b3\u5b9a\u5f00\u4f1a\u89e3\u51b3\u95ee\u9898\u3002 G7\u7684\u6210\u5458\u662f\u52a0\u62ff\u5927\u3001\u6cd5\u56fd\u3001\u5fb7\u56fd\u3001\u610f\u5927\u5229\u3001\u65e5\u672c\u3001\u82f1\u56fd\u548c\u7f8e\u56fd\u3002\u6b64\u5916\uff0c\u6b27\u6d32\u7406\u4e8b\u4f1a\u548c\u7ecf\u6d4e\u59d4\u5458\u4f1a\u4e3b\u5e2d\u4ee3\u8868\u6b27\u76df\u51fa\u5e2d G7 \u5cf0\u4f1a\u3002\u4fc4\u7f57\u65af\u4e8e 1998 \u5e74\u52a0\u5165\u8be5\u4ff1\u4e50\u90e8\uff0c\u6210\u4e3a\u516b\u56fd\u96c6\u56e2\uff0c\u4f46\u5728\u541e\u5e76\u514b\u91cc\u7c73\u4e9a\u540e\u4e8e 2014 \u5e74\u88ab\u8e22\u51fa\u5c40\u3002<\/p><p>G20\u6210\u5458\u4ee3\u8868\u4e86\u4e16\u754c\u7ecf\u6d4e\u4ea7\u51fa\u768485%\u3002\u5b83\u662f\u4e00\u4e2a\u6bd4 G7 \u66f4\u4e0d\u6392\u5916\u7684\u4ff1\u4e50\u90e8\u3002 G20 \u6210\u5458\u5305\u62ec\u963f\u6839\u5ef7\u3001\u6fb3\u5927\u5229\u4e9a\u3001\u5df4\u897f\u3001\u52a0\u62ff\u5927\u3001\u4e2d\u56fd\u3001\u5fb7\u56fd\u3001\u6cd5\u56fd\u3001\u5370\u5ea6\u3001\u5370\u5ea6\u5c3c\u897f\u4e9a\u3001\u610f\u5927\u5229\u3001\u65e5\u672c\u3001\u58a8\u897f\u54e5\u3001\u4fc4\u7f57\u65af\u3001\u6c99\u7279\u963f\u62c9\u4f2f\u3001\u5357\u975e\u3001\u97e9\u56fd\u3001\u571f\u8033\u5176\u3001\u82f1\u56fd\u3001\u7f8e\u56fd\u548c\u6b27\u76df\u3002<\/p><p>\u4e24\u6b21\u9996\u8111\u4f1a\u8bae\u90fd\u53ef\u80fd\u5f15\u8d77\u4e89\u8bae\uff0c\u5438\u5f15\u5927\u91cf\u751a\u81f3\u6709\u65f6\u76f8\u5f53\u66b4\u529b\u7684\u793a\u5a01\u6d3b\u52a8\u3002\u4ea4\u6613\u5458\u4f1a\u5728\u6d3b\u52a8\u5f00\u59cb\u524d\u51e0\u5468\u5bc6\u5207\u5173\u6ce8\u4f1a\u8bae\u7684\u7b79\u5907\u5de5\u4f5c\u3002\u5e02\u573a\u9996\u5148\u5173\u6ce8\u5c06\u8ba8\u8bba\u54ea\u4e9b\u8d27\u5e01\uff08\u5982\u679c\u6709\u7684\u8bdd\uff09\u3002\u5e02\u573a\u901a\u5e38\u4f1a\u4e86\u89e3\u8d27\u5e01\u662f\u5426\u662f\u4e00\u4e2a\u95ee\u9898\uff0c\u4ee5\u53ca G7 \u5e0c\u671b\u5b8c\u6210\u7684\u4e8b\u60c5\u7684\u603b\u4f53\u611f\u89c9\u3002\u4e3e\u884c\u4e8b\u5148\u78cb\u5546\u7684\u90e8\u957f\u4eec\u7684\u8bc4\u8bba\u4e3a\u5e02\u573a\u9884\u671f\u5960\u5b9a\u4e86\u57fa\u7840\uff0c\u751a\u81f3\u53ef\u80fd\u5728\u4f1a\u8bae\u53ec\u5f00\u4e4b\u524d\u5c31\u5f15\u53d1\u91cd\u5927\u5e02\u573a\u6ce2\u52a8\u3002<\/p><p>\u63d0\u793a\uff1a\u5c31\u50cf\u5e02\u573a\u4e2d\u7ecf\u5e38\u51fa\u73b0\u7684\u60c5\u51b5\u4e00\u6837\uff0c\u6700\u7ec8\u516c\u62a5\u7684\u5185\u5bb9\u5e76\u4e0d\u91cd\u8981\uff1b\u91cd\u8981\u7684\u662f\u5bf9\u8bed\u6c14\u548c\u8bda\u610f\u7684\u770b\u6cd5\u3002\u90e8\u957f\u4eec\u662f\u8ba4\u771f\u7684\u5417\uff1f\u4ed6\u4eec\u4f1a\u4e3a\u6b64\u505a\u4e9b\u4ec0\u4e48\u5417\uff1f<\/p><p>\u56fd\u9645\u6e05\u7b97\u94f6\u884c (BIS)<\/p><p>BIS 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class=\"elementor-element elementor-element-6fb8372 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-button\" data-id=\"6fb8372\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/what-is-fundamental-analysis\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"feather icon-arrow-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">\u8f6c\u5230\u4e0b\u4e00\u7ae0<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-7984da5 elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"96754\" data-id=\"7984da5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-e4af643 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"18722\" data-id=\"e4af643\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-183b430 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"46898\" data-id=\"183b430\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-inner-section elementor-element elementor-element-c8c480a elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"26314\" data-id=\"c8c480a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ac73ed3 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"2388\" data-id=\"ac73ed3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7785835 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"7785835\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u7acb\u5373\u5206\u4eab\uff1a<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-b8afcb9 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"88398\" data-id=\"b8afcb9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5492dee elementor-grid-0 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-wpr-sharing-buttons\" data-id=\"5492dee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wpr-sharing-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"wpr-sharing-buttons elementor-grid wpr-sharing-official wpr-sharing-label-off wpr-sharing-icon-tr wpr-sharing-label-tr\"><div class=\"elementor-grid-item\"><a href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/the-forex-market\/\" class=\"wpr-sharing-icon wpr-sharing-facebook-f\" title=\"\" target=\"_blank\"><i class=\"fab fa-facebook-f\"><\/i><\/a><\/div><div class=\"elementor-grid-item\"><a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/the-forex-market\/\" class=\"wpr-sharing-icon wpr-sharing-twitter\" title=\"\" target=\"_blank\"><i class=\"fab fa-twitter\"><\/i><\/a><\/div><div class=\"elementor-grid-item\"><a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/the-forex-market\/&title=Chapter 4: The Forex Market&summary=Chapter 4 The Forex Market Back to Liquidity Education 1. Forex 101 2. Trading platform and b&#8230; 3. Methods of making tra&#8230; 4. The Forex Market The Interbank Market Hedgers and Corporates Speculators Hedge Funds Private Investors Government Policy and&#8230; 5. What is Fundamental A&#8230; 6. Technical Analysis 7. What to do to Improve&#8230; 8. Golden Rules for Succes What makes the forex market so great to trade is its size. It is the biggest market in the world. Despite being dominated by large banks, corporations, and governments, participants of any size can join in and trade at almost the same relative cost. It is unusual, in that forex is one market where we can say that size does not matter. The trading volumes are truly enormous in forex, dwarfing all stock markets in the world many times over. In its latest triannual survey, the Bank of International Settlements said trading in forex markets reached USD 6.6 trillion per day as of April 2019. This was up from USD 5.1 trillion three years earlier. In a 2004 survey, the daily turnover was just USD 2 trillion. Free Live or Demo Account Award-winning customer service 4\/5 Forex Peace Army Rating Register The Interbank Market The interbank market is a global network of financial institutions, usually the largest banks in the world, trading with each other. These banks may be trading for their customers (other banks or corporations) or as a principal, which means for their own accounts. Banks use the interbank market to manage their exposure and risk to exchange rate changes and interest rate movements. Trading is usually closed out within the day but rarely held for much longer. According to The Bank of International Settlements data, approximately 50% of all forex transactions are strictly interbank trades. To be a member of the interbank market, you must be willing to be a market maker to the other banks in size. This means that you must be willing to make a two-way price, to buy or sell and for a large minimum amount. This restricts the membership to only the largest, most active, wealthiest and most creditworthy banks. Amongst the biggest players today are Citibank, JPMorgan Chase, Deutsche Bank and HSBC. There are other members, including a few hedge funds and trading firms. What makes membership of this club so exclusive is the typical size of a deal. In the interbank market,\u00a0one\u00a0is USD\u202f1,000,000, but the minimum deal size is USD\u202f5,000,000. So, a deal of ten is USD\u202f10 million. It is not uncommon to have deals of USD\u202f1 billion done in a split second between banks. USD\u202f1 billion is called a \u2018yard\u2019 in the interbank market. It is rhyming slang for milliard, the European name for a billion. It is used because\u00a0million\u00a0and\u00a0billion\u00a0sound too similar and could cause serious errors. It is a relic of the days when deals were arranged and executed over the phone or over the counter (OTC). This is what makes the interbank market so exclusive. Other participants must know that the people they&#8217;re dealing with will be good for deals of that size. The Interbank market is non-regulated and decentralised. Most central banks collect data from the participants to ascertain economic risk implications and are concerned about global financial stability. Despite being unregulated, there have been few defaults and scandals since the Interbank market started in the 1970s. The interbank market is the wholesale forex market place. Today, all interbank trading in G7 currencies is done using computers and no longer on the phone. Humans can&#8217;t do the pre-trade credit checks and settlement process without error in the split second that is required today. Exotic pairs and cross rates are still traded, dealer to dealer, over the telephone. The trend suggests this will happen less and less. The interbank forex dealers are gradually being replaced by computerised systems that can scan large numbers of traders (computers) to trade billions of dollars at once. The interbank market informally came together after the collapse of the Bretton Woods Agreement and the decision in 1971 by President Richard Nixon to take the US off the gold standard. Currency rates of most large industrialised nations were then allowed to float freely, with only occasional and usually unsuccssful government intervention. There is no centralised location for the market as trading coincides worldwide and stops only for weekends and holidays. Hedgers and Corporates The forex market sits at the centre of global commercial transactions and investing. American multinational companies, European hedge funds, South American coffee producers all have to go through the forex market. It is unavoidable for globally trading entities. There are two types of activities in the forex market: commercial transactions and speculation. Companies make commercial transactions as part of their overall business and not necessarily for investment reasons. They may simply be making a\u00a0change\u00a0transaction \u2013 transferring money from a home currency into the country&#8217;s currency with whom it is making a purchase or sale. Corporate transactions are important to forex markets because: Their transaction size can be exceptionally large, typically hundreds of millions of dollars, or even billions. There may be a proper hedge \u2013 protecting against the currency risk over time. These will be automatically entered into and exited when the currency fluctuation risk has gone. They are usually one-time events. They are generally not price-sensitive or profit-maximising. The company merely wants to change money to buy or sell goods in another currency. Hedging A producer of copper pipes in Chile may sell a cargo to a European housebuilder. They will fix the price when they have done the deal, but the payment will take place after receiving the copper pipes in Europe. It takes time to fabricate the copper pipes and ship them to their destination in Europe. During this time, both parties, the buyer and the seller, are exposed to adverse movements in the forex market. Both may initiate an opposite currency hedge at the start of the contract and then undo the hedges on completion and&source=https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/the-forex-market\/\" class=\"wpr-sharing-icon wpr-sharing-linkedin-in\" title=\"\" target=\"_blank\"><i class=\"fab fa-linkedin-in\"><\/i><\/a><\/div><div class=\"elementor-grid-item\"><a href=\"https:\/\/www.pinterest.com\/pin\/create\/button\/?url=https:\/\/edu.theliquidity.com\/ch\/liquidity-education\/the-forex-market\/&media=\" class=\"wpr-sharing-icon wpr-sharing-pinterest-p\" title=\"\" target=\"_blank\"><i class=\"fab fa-pinterest-p\"><\/i><\/a><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-b854d98 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"24396\" data-id=\"b854d98\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8b938de exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"95816\" data-id=\"8b938de\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-inner-section elementor-element elementor-element-55210ac elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no elementor-invisible\" data-eae-slider=\"85922\" data-id=\"55210ac\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;zoomIn&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-664c377 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"18960\" data-id=\"664c377\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-15f87e4 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"15f87e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u7acb\u5373\u5f00\u59cb\u4ea4\u6613<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-349e428 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"349e428\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\u4e0e\u6211\u4eec\u4e00\u8d77\u8fdb\u5165\u5916\u6c47\u5e02\u573a<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8724d34 exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"49038\" data-id=\"8724d34\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f9dd109 elementor-align-center exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-button\" data-id=\"f9dd109\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/direct.theliquidity.group\/auth\/register\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">\u767b\u8bb0<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-aeda116 elementor-section-boxed elementor-section-height-default elementor-section-height-default exad-glass-effect-no wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-equal-height-no exad-sticky-section-no\" data-eae-slider=\"3947\" data-id=\"aeda116\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-18ea53b exad-glass-effect-no exad-sticky-section-no\" data-eae-slider=\"27363\" data-id=\"18ea53b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c262863 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-spacer\" data-id=\"c262863\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Chapter 4 The Forex Market Back to Liquidity Education 1. Forex 101 2. Trading platform and b&#8230; 3. Methods of making tra&#8230; 4. The Forex Market The Interbank Market Hedgers and Corporates Speculators Hedge Funds Private Investors Government Policy and&#8230; 5. What is Fundamental A&#8230; 6. Technical Analysis 7. What to do to Improve&#8230; 8. Golden Rules for Succes What makes the forex market so great to trade is its size. It is the biggest market in the world. Despite being dominated by large banks, corporations, and governments, participants of any size can join in and trade at almost the same relative cost. It is unusual, in that forex is one market where we can say that size does not matter. The trading volumes are truly enormous in forex, dwarfing all stock markets in the world many times over. In its latest triannual survey, the Bank of International Settlements said trading in forex markets reached USD 6.6 trillion per day as of April 2019. This was up from USD 5.1 trillion three years earlier. In a 2004 survey, the daily turnover was just USD 2 trillion. Free Live or Demo Account Award-winning customer service 4\/5 Forex Peace Army Rating Register The Interbank Market The interbank market is a global network of financial institutions, usually the largest banks in the world, trading with each other. These banks may be trading for their customers (other banks or corporations) or as a principal, which means for their own accounts. Banks use the interbank market to manage their exposure and risk to exchange rate changes and interest rate movements. Trading is usually closed out within the day but rarely held for much longer. According to The Bank of International Settlements data, approximately 50% of all forex transactions are strictly interbank trades. To be a member of the interbank market, you must be willing to be a market maker to the other banks in size. This means that you must be willing to make a two-way price, to buy or sell and for a large minimum amount. This restricts the membership to only the largest, most active, wealthiest and most creditworthy banks. Amongst the biggest players today are Citibank, JPMorgan Chase, Deutsche Bank and HSBC. There are other members, including a few hedge funds and trading firms. What makes membership of this club so exclusive is the typical size of a deal. In the interbank market,\u00a0one\u00a0is USD\u202f1,000,000, but the minimum deal size is USD\u202f5,000,000. So, a deal of ten is USD\u202f10 million. It is not uncommon to have deals of USD\u202f1 billion done in a split second between banks. USD\u202f1 billion is called a \u2018yard\u2019 in the interbank market. It is rhyming slang for milliard, the European name for a billion. It is used because\u00a0million\u00a0and\u00a0billion\u00a0sound too similar and could cause serious errors. It is a relic of the days when deals were arranged and executed over the phone or over the counter (OTC). This is what makes the interbank market so exclusive. Other participants must know that the people they&#8217;re dealing with will be good for deals of that size. The Interbank market is non-regulated and decentralised. Most central banks collect data from the participants to ascertain economic risk implications and are concerned about global financial stability. Despite being unregulated, there have been few defaults and scandals since the Interbank market started in the 1970s. The interbank market is the wholesale forex market place. Today, all interbank trading in G7 currencies is done using computers and no longer on the phone. Humans can&#8217;t do the pre-trade credit checks and settlement process without error in the split second that is required today. Exotic pairs and cross rates are still traded, dealer to dealer, over the telephone. The trend suggests this will happen less and less. The interbank forex dealers are gradually being replaced by computerised systems that can scan large numbers of traders (computers) to trade billions of dollars at once. The interbank market informally came together after the collapse of the Bretton Woods Agreement and the decision in 1971 by President Richard Nixon to take the US off the gold standard. Currency rates of most large industrialised nations were then allowed to float freely, with only occasional and usually unsuccssful government intervention. There is no centralised location for the market as trading coincides worldwide and stops only for weekends and holidays. Hedgers and Corporates The forex market sits at the centre of global commercial transactions and investing. American multinational companies, European hedge funds, South American coffee producers all have to go through the forex market. It is unavoidable for globally trading entities. There are two types of activities in the forex market: commercial transactions and speculation. Companies make commercial transactions as part of their overall business and not necessarily for investment reasons. They may simply be making a\u00a0change\u00a0transaction \u2013 transferring money from a home currency into the country&#8217;s currency with whom it is making a purchase or sale. Corporate transactions are important to forex markets because: Their transaction size can be exceptionally large, typically hundreds of millions of dollars, or even billions. There may be a proper hedge \u2013 protecting against the currency risk over time. These will be automatically entered into and exited when the currency fluctuation risk has gone. They are usually one-time events. They are generally not price-sensitive or profit-maximising. The company merely wants to change money to buy or sell goods in another currency. Hedging A producer of copper pipes in Chile may sell a cargo to a European housebuilder. They will fix the price when they have done the deal, but the payment will take place after receiving the copper pipes in Europe. It takes time to fabricate the copper pipes and ship them to their destination in Europe. During this time, both parties, the buyer and the seller, are exposed to adverse movements in the forex market. Both may initiate an opposite currency hedge at the start of the contract and then undo the hedges on completion and<\/p>","protected":false},"author":1,"featured_media":0,"parent":1725,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2587","page","type-page","status-publish","hentry","entry"],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"admin","author_link":"https:\/\/edu.theliquidity.com\/ch\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":null,"rttpg_excerpt":"Chapter 4 The Forex Market Back to Liquidity Education 1. Forex 101 2. Trading platform and b&#8230; 3. Methods of making tra&#8230; 4. The Forex Market The Interbank Market Hedgers and Corporates Speculators Hedge Funds Private Investors Government Policy and&#8230; 5. What is Fundamental A&#8230; 6. Technical Analysis 7. What to do to Improve&#8230; 8.&hellip;","_links":{"self":[{"href":"https:\/\/edu.theliquidity.com\/ch\/wp-json\/wp\/v2\/pages\/2587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edu.theliquidity.com\/ch\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/edu.theliquidity.com\/ch\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/edu.theliquidity.com\/ch\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/edu.theliquidity.com\/ch\/wp-json\/wp\/v2\/comments?post=2587"}],"version-history":[{"count":37,"href":"https:\/\/edu.theliquidity.com\/ch\/wp-json\/wp\/v2\/pages\/2587\/revisions"}],"predecessor-version":[{"id":3242,"href":"https:\/\/edu.theliquidity.com\/ch\/wp-json\/wp\/v2\/pages\/2587\/revisions\/3242"}],"up":[{"embeddable":true,"href":"https:\/\/edu.theliquidity.com\/ch\/wp-json\/wp\/v2\/pages\/1725"}],"wp:attachment":[{"href":"https:\/\/edu.theliquidity.com\/ch\/wp-json\/wp\/v2\/media?parent=2587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}