Unlike the stock market, which is open for six to seven hours per day five days a week, the foreign exchange market is open twenty-four hours per day, five days a week.
Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Officials said trading in the eurodollar exchange rate market is five times larger than trading on all global stock exchanges combined. Department of Justice in 2012, but the non-prosecution agreement was terminated after its role in the foreign exchange scandal came to light.
Foreign exchange rates affect the price of imported goods, company earnings and many investments held by pension funds and others.
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