Market Maker is the major banks and financial institutions that determine the level of the currency. This is because a significant portion of their operations, which in total have a large volume in the world market. A market maker is a member of market participants who are constantly on the instrument control different trades. While at the same time they also trade using the instrument.
Task market maker is providing liquidity on a specific instrument and make an order to sell or buy. Market maker in the form of major international banks and financial institutions, which runs daily currency operations through purchasing system (buying) or sale (selling) against trade instruments with a value of more than billions of dollars.
Each market has its respective market maker. Similarly with any Forex broker, they have their own personal market makers, namely: the level and exploit the spreads they offer to their clients. Some members market maker include: Deutsche Bank, Mizuho Bank, Barclays Bank, PBS, Citi Bank, Chase Manhattan Bank, Union Bank of Switzerland.
As mentioned earlier, there is a market for a particular market maker itself. Worth pointing out that for the trading instrument USD / CHF, the main market maker is Credit Suisse Bank and Union Bank of Switzerland. As for the trading instrument consisting of Asian currencies, they are a market maker is Standard Chartered Bank.
The ruble instruments, market makernya is the International Moscow Bank and Bank ONEXIM.
Russian Central Bank can also play the role of being one of the most active participants in setting the price of the currency spread vs. the ruble, making interventions of different currencies, if the level exceeds the limit of the ruble exchange rate that is set.
Market makers determine exchange rates today by trading with one another as well as with small banks, which are also market participants. They are a market maker who introduced the rate spread to smaller banks, organizations, and individuals. Thus, another idea emerged at this time that the characteristics of a market participant users (the market).
Market users are financial organizations, brokerage companies, small banks and individuals, which uses a spread rate of prices set by the market participants for their operations.
Market users not aggressive market players, although the total volume of their operations on the market could be significant. Because the market share of each of them relatively small. As a result, the market makerlah more powerful in determining the price, while the user market only plays a role in utilization.
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