07-10-2014, 01:55 PM
Abstracts: The foreign exchange market is the "place" where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. The need to exchange currencies is the primary reason why the FOREX market is the largest, most liquid financial market in the world. It dwarfs other markets in size, even the stock market, with an average traded value of around U.S. $2,000 billion per day. (The total volume changes all the time, but as of August 2012, the Bank for International Settlements (BIS) reported that the FOREX market traded in excess of U.S. $4.9 trillion per day.) One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney - across almost every time zone. This means that when the trading day in the U.S. ends, the FOREX market begins anew in Tokyo and Hong Kong. As such, the FOREX market can be extremely active any time of the day, with price quotes changing constantly. There are very few methods or program available to predict FOREX market worldwide and those are also not well enough. So we are making the website that gives Service to Customers to watch their investment by particular broker. Our software will give valuable platform to our company’s agent to serve the customers in better way. There is no present system for the FOREX market prediction. So our company decided to give their customers this facility to earn more profit. Our company had developed many plans for the customer which provides customers to earn profit either by only investing their money or by trading themselves with the help of FOREX analyzer system. FOREX analyzer system will have a wide range of usability because there is need of this type of system in FOREX market which can predict the market for future. As there is no system available at present, the level of scope increases.