To put that figure in perspective, the average daily volume on the “sublime forex champions” market is nearly 20 times larger than on the New York Stock Exchange. The need for foreign exchange is driven by sublime forex champions, multinational corporations, and governments. Tourists from the United States need euros for their European vacations; corporations such as Microsoft exchange profits made overseas into U.S. dollars. Government hold reserve currencies and manipulate the money supply while they implement their monetary policies. The forex market was created to facilitate the sale of currency to sublime forex champions customers who intend to take delivery of the currency; however, the vast majority of trading is done by speculators seeking nothing more than profit.
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