Did you know that there are actually two different types of forex trading systems? The one most of us are familiar with is called spot forex trading, but there is also forex futures trading. Spot forex trading does not have a specific location where the trades occur, but is rather done over the open market. Future forex trading takes place on an established exchange like the Chicago Mercantile Exchange. The exchange that the currency is traded on will determine the trading hours, delivery dates, contract size, the deposit that must be paid by the buyers and sellers and final settlement rules.
Forex Futures – Trade for Security or Profit
September 10th, 2009 — Forex Trading Strategies