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Forex trading is heavily concentrated around the Fix Panel A of Table 1 reports the ratio of trading volume per minute at the WMR , ECB Fixes relative to the.

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The foreign exchange marketForex, FX, or currency market) is a global decentralized or over the counterOTC) market for the trading of currencies. Convertible currency is defined as any currency that can readily be converted into other currencies Most convertible currencies are available for trade and other.

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