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Pegima

Finance · United States · <25 Employees

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About

Headquarters

United States

Revenue

<$5 Million

Industry

Finance General Finance

Recent News & Media

No recent news or media

Who is Pegima

Forex, also called foreign exchange market or FX for short, is the worlds biggest financial market. Much like your traditional grocery store where buying and selling activities take place on business days, the Forex market is equally busy with buyers and sellers who exchange currencies on daily basis. To put it in a more technical perspective, Forex is a decentralized and over-the-counter global market where currencies of different countries are traded globally. Many people, especially travelers take part in Forex trading without knowing. Take for instance when you find yourself at the airport of another country with your local currency or dollar in your possession. The next place youll most probably move to is the currency exchange booth at the airport. Youll need to exchange the money with you with that of the country youre about to enter, else, you wont be able to transact efficiently when you move into the communities. When you travel from the US to the UK for instance and exchanged the dollar notes in your possession for the pounds sterling at the hotel or airport, you have participated in the Forex market that way locally. Know that different rates apply to all the currencies you exchange. Your one dollar will not necessarily be equal to one pound. The exchange rate at the time determines what youll have in your hands. You should find your dollar going for less than a pound in this instance according to the current exchange rate. Dont be surprised when you enter a new country with a few dollars in your wallet and when exchanged, youre given a briefcase instead to hold all the money youve exchanged. This is how the generality of the global populace participate in Forex in a non-automated way. The size of the foreign exchange market is what makes the difference and the reason behind how busy the market is. You have a huge sum of $5 trillion exchanging hands daily in the Foreign Exchange Market as against the less than $1 trillion daily volume of the New York Stock Exchange market. This volume is multiple ...Read more

Popular SearchesPegimaSIC Code 62,621NAICS Code 52,523Show more

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Pegima Tech Stack

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Frequently Asked Questions Regarding Pegima

Where is Pegima located?
Pegima's headquarters are located at United States
What is Pegima's official website?
Pegima's official website is www.pegima.com
What is Pegima's Revenue?
Pegima's revenue is <$5 Million
What is Pegima's SIC code?
Pegima's SIC: 62,621
What is Pegima's NAICS code?
Pegima's NAICS: 52,523
How many employees does Pegima have?
Pegima has <25 employees
What industry does Pegima belong to?
Pegima is in the industry of: Finance General, Finance
What is Pegima competition?
Pegima top competitors include: Pro Signal, Stock, Best Forex Robots, Globe forex & travels
What technology does Pegima use?
Some of the popular technologies that Pegima uses are: reCAPTCHA, Google Font API, Sectigo, jQuery
What does Pegima do?

Forex, also called foreign exchange market or FX for short, is the worlds biggest financial market. Much like your traditional grocery store where buying and selling activities take place on business days, the Forex market is equally busy with buyers and sellers who exchange currencies on daily basis. To put it in a more technical perspective, Fore... x is a decentralized and over-the-counter global market where currencies of different countries are traded globally. Many people, especially travelers take part in Forex trading without knowing. Take for instance when you find yourself at the airport of another country with your local currency or dollar in your possession. The next place youll most probably move to is the currency exchange booth at the airport. Youll need to exchange the money with you with that of the country youre about to enter, else, you wont be able to transact efficiently when you move into the communities. When you travel from the US to the UK for instance and exchanged the dollar notes in your possession for the pounds sterling at the hotel or airport, you have participated in the Forex market that way locally. Know that different rates apply to all the currencies you exchange. Your one dollar will not necessarily be equal to one pound. The exchange rate at the time determines what youll have in your hands. You should find your dollar going for less than a pound in this instance according to the current exchange rate. Dont be surprised when you enter a new country with a few dollars in your wallet and when exchanged, youre given a briefcase instead to hold all the money youve exchanged. This is how the generality of the global populace participate in Forex in a non-automated way. The size of the foreign exchange market is what makes the difference and the reason behind how busy the market is. You have a huge sum of $5 trillion exchanging hands daily in the Foreign Exchange Market as against the less than $1 trillion daily volume of the New York Stock Exchange market. This volume is multiple ...Read More

Is Pegima a public company?
Pegima is private company therefore does not currently have an official ticker symbol
See more information about Pegima

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