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Module 1 – Lesson 4 – Main participants in the Forex Market

Contents
1. commercial companies ................................................................................................................... 2
2. central banks ................................................................................................................................... 2

3. foreign exchange fixing ................................................................................................................... 2
4. hedge funds as speculators ............................................................................................................ 3
5. investment management firms ...................................................................................................... 3

6. retail foreign exchange traders ...................................................................................................... 3
7. non-bank foreign exchange companies.......................................................................................... 4

8. money transfer/remittance companies and bureaux de change ................................................... 4

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