Monday, March 9, 2009
How do you access the market?
It is important to note that retail traders, such as yourself, will most likely be accessing the off-exchange foreign currency market (or Forex market) via an FCM (Futures Commissions Merchant) or broker. You will not be trading in the actual Interbank market itself.
Chevrolet introduced the production 2010 Camaro today. It is a heritage- inspired sports car for the 21st century, combining great looks and performance; advanced technology and surprising efficiency - including 26-mpg estimated highway fuel economy. Sales begin in the first quarter of 2009.
Built on GM's new, global rear-wheel-drive architecture, the Camaro is offered in V-6- powered LS and LT models, as well as the V-8-powered SS. All models and powertrain combinations include fuel-saving six-speed transmissions.
"Camaro delivers all of the things that make Ch
evrolet such a revered, global brand," said Ed Peper, GM North America vice president, Chevrolet. "It competes with the world's best sports cars and does so with styling, fuel economy and value our competitors simply can't match."
Advanced powertrain technologies, including engines with direct injection and Active Fuel Management, enable a satisfying balance of exhilarating performance and good fuel economy.
"The new Chevrolet Camaro delivers a thoroughly modern, advanced package of performance, comfort and technology," said Peper. "It's a sports car for a new generation of enthusiasts that doesn't forget the heritage that helped make the original a cultural icon. That is no small feat and it took a worldwide commitment to achieve it."
Your access to the total market will be determined by your chosen broker's limitations.FCMs or brokers act as a bridge between you and their liquidity partner (sometimes larger global banks) that you would otherwise not have sufficient capital to do business with. ( view figure 1 ) The large majority of off-exchange retail foreign currency brokers act as market makers, meaning that by keeping many trades in house they create
their own liquidity. Some retail brokers clear trades directly through to the larger banks that provide their liquidity. If you are new to the Forex market it would wise to research and understand your broker's particular business model and method of clearing trades
