Interactive Market Course.
Now let's find out who are the financial market participants.
UBS, Deutsche Bank, JPMorgan Chase, Citibank, and Goldman Sachs conduct daily a huge number of transactions with foreign currencies, both for their own purposes and at their clients (corporations, governments, hedge funds, large private investors) request.
The European Central Bank, the Federal Reserve System, the Bank of Japan and the Bank of England are the main representatives of this type. They are responsible for managing the national currency rate and control the presence of other banks on the market.