Currency exhange
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This is where the broker takes the currency exhange side of currecy trade, expecting the majority of their clients more info lose.
Straight Through Processing is now more common among regulated brokers. This is where the broker sends your orders directly to their liquidity providers for at-market execution.
Spreads are usually marked up by the broker but usually without any other commission. Check out the list of Best STP forex source Electronic Communications Network. This is where a wide range of different liquidity currency exhange and banks compete for your orders in an anonymous network.
The mere expectation or rumor of a central bank foreign exchange intervention might be enough to stabilize the currency. However, aggressive intervention currency exhange be used several times each year in countries with currency exhange continue reading float currency regime.
Central banks do not always achieve their objectives. The combined resources of the market can easily overwhelm any central bank.