Forex Trading Regulations - October 28, 2007
Forex Trading Regulations - Where the Trend is Going…
Currency or forex trading was very much an entitlement or privilege of corporations and banks until the 1960 - 70s when things start to evolve. Now, even the man on the street can trade forex easily.
You may wish to understand a little bit about the history of forex trading and its background so that you can understand why certain regulations are put in place and why they are made in the first place.
Key events of forex took place in 1972, 1973, 1978, 1994 and 2002.
In 2002, Euro became the official European currency of Austra, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal and Spain.
The trend in forex regulation is leaning in the direction of cash/spot currency markets. As such, being a trader, whether as a private individual or working for a forex trading company, you need to study the moves and monitor what is happening at the Commodity Futures Trading Commission CFTC and National Futures Association NFA. This is how the experts do it, so do not miss this tip from ForexTrading-MadeEasy.com!
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