Reason for this visit

Australia has a profound trading culture and a world-recognized regulatory environment. Currency markets are very popular there. Australia's top currency brokers reportedly have more daily trading volume than cash trades in Australian stocks. There are three trading sessions - Asia Pacific, Europe and the United States. Located in the Asia Pacific region, Australia is the first country to start trading forex and commodities during the day. Although the trading volume is relatively small at the beginning, due to the time difference, the addition of Japanese traders after a few hours can make the trading volume larger. The Europe trading session is the most traded in the global foreign exchange market. Australia is a country with abundant natural resources, rich in oil and coal, precious metals as well as grains. The physical trading of these products in global markets has led to a robust derivatives market, with active participation by both retail and institutional investors. Many exploration and production companies are publicly traded on the securities market, making Australian equities highly liquid and risky. In addition, many commodities are priced in USD, EUR and JPY, which contributes to a highly liquid currency trading environment. The physical delivery nature of Australia's thriving export market supports both spot and forward currency markets. Furthermore, China, which is one of Australia's largest trading partners and the world's second-largest economy, brings huge amounts of Australian natural resources into the country. China's influence as a consumer nation provides investors in the currency market with a natural trading partner. Demand for resources may provide a potential exchange rate basis for its currency. In order to help investors or practitioners have a more comprehensive understanding of foreign exchange dealers in Australia, the survey team is going to the country for on-site visits.

On-site visit

This time the survey team went to Australia to visit the foreign exchange dealer FAIR MARKETS as planned. The survey address is level 26, 1 Bligh St, Sydney NSW 2000, Australia.

The survey personnel came to the destination of the current survey according to the above address. The office of FAIR MARKETS is located at 1 Bligh Street, a skyscraper in Sydney, New South Wales, Australia. The contemporary office building is located in the Sydney CBD, overlooking Circular Quay, Sydney Harbour and the Sydney Harbour Bridge. Its a remarkable location.

The investigators found the dealer's office on the 26th floor. The lady at the front desk led the investigators to visit the company. There are about 20 workstations in an independent office. The interior of the office is neat and tidy, with a roll-up banner with the company logo at the window. The investigators also found that the Sydney Opera House, a landmark of Sydney, can be seen from the inside of the company. The survey personnel confirmed the real existence of the dealer's office.

Conclusion

The investigators went to Australia to visit the trader FAIR MARKETS as planned, and the trader's office and company logo can be found at its publicly displayed business address. There are about 20 workstations and the office environment is clean and tidy, indicating that the dealer has a real business venue. Investors are advised to make a sensible choice after careful consideration.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.