Understanding Phillip Futures Forex Basis
Foreign exchange market or simply referred as FX, is the world’s largest marketplace. According to the latest Bank for International Settlement (BIS) Triennial Survey, there are over $5 trillion dollar worth of FX transactions traded globally. FX market is where currencies are traded, bought and sold. When investors trade Phillip Futures Forex, they will be able to trade against any type of investor in the market and not just to one liquidity provider only.
It provides deep liquidity drawn from the Interbank Market and coverage during the entirety of global FX trading hours. Phillip Futures Forex also provides a secure trading platform which all the transactions are matched on the exchange and cleared by the clearing house.
Source of Superior Liquidity
Involvement of Various Parties Various parties can be actively involved in Phillip Futures Forex market, including large global banks as the market makers, regional brokerage firms, retail
investors and institutional investors. These parties trade in Phillip Futures Forex market and deepens the liquidity.
Safety is in Your Hand
Margin trading will expose investor’s fund into risk when opening positions. The margining system will enable leverage that may play a big role in capital related strategies in trading, so that investor will be able to have an opportunity for huge profits and even a great losses.
With Phillip Futures Forex, we offer a better chance to grab a maximum capital security in trading. In these contracts the margin will be based on the percentage to the value and will be
adjusted every end of the day to ensure against counterparty default risk.
Benefiting the Market
Individual investors and traders will have a very wide opportunity to gain from price movement as Forex market offers a very interesting daily price fluctuation.