Hello Peeps,
I’m new to the world of foreign exchange trading and I’ve been hearing a lot about foreign exchange clearing houses. Can someone explain what exactly a clearing house does in the context of forex trading? Also, how can I demo or simulate using a foreign exchange clearing house to understand its role better?
I’ve read that clearing houses facilitate the settlement of trades and manage risk in the forex market, but I’m still unclear on the practical aspects. Any advice on where I can find a demo or simulation to explore this further would be greatly appreciated.
Thanks in advance for your help!