Even with the American economy on the fritz, Forex trading has been increasing over the last fifteen years. Some analysts feel that the Internet has played a major part in the industry’s support system which has helped trading increase over a variety of asset classes. Orion Brokers, a Dubai based company that develops and provides Forex software that is also offered to banks and financial institutions has seen how well the Internet has helped the Forex trade.
According to Orion’s senior vice-president Ali Hamoud, “The current liquidity in the regional markets suggests we will have growth for five years if not 10. One of the strengths of this market is that we have a young and growing population of whom 75 per cent are under 25 years of age. We see massive infrastructure investment that is certainly likely to continue for the next five years.” He also feels that GCC is the next market to come of age and agricultural products and oil will see a massive Forex boom over the next seven years.
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