Originally Posted by
;
Hi ,
I'm new to FOREX, having spent the previous couple of months studying about spread betting. FOREX is something I'm taking a fascination with now, and I have appreciated reading your forum, so thanks.
One question though, like the question I had when I started spread betting, which was, what's the purpose of the stock market, why do we want it?
So, why do we have FOREX? I understand how traders can profit from it, similar to how traders can profit from stocks. But was FOREX even born? Is it just a sport or does it serve some function regarding a nations economy, or even a banks equilibrium etc?
Maybe a better question is, what could happen if we did not have FOREX?
Please excuse me if I have missed the answer to this in the tacky.
Thanks.