AI Hub 20 October 2024 How Will BDC Operators’ Unified Retail Forex Market Tackle Volatility? Introduction Overview of BDC Operators BDC (Bureau de Change) operators have grown significantly in their role as intermediaries in the foreign exchange market. They provide liquidity and facilitate the exchange of currencies by market participants, from individual retail traders to institutional investors. Introduction to Retail Forex Market The retail forex market is a decentralized global marketplace where individuals trade currencies. While it offers significant profit opportunities, it is also known for its volatility, which can lead to high risks. Importance of Tackling Volatility Managing volatility is of paramount importance for traders and investors seeking long-term advantages. Understanding and navigating volatility is essential to maximizing returns while minimizing risks. Understanding Volatility in Forex Definition of Volatility Volatility refers to the degree of variation in the trading prices of a currency pair...