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According to the experts the dull trades appeared at the Karachi stock market were caused by the insufficient economic development and accompanied by the global financial markets turmoil that made investors’ activity to remain at low level. However there were several other factors that affected the market quite negatively. They are long lasting selling pressure that made rupee to fall to its new lows, not clear situation with the forex reserves and its impact on the debt ratings of the country.

The difference of the Forex and stock market is in the levels of access that is the integral part of the Forex market. The highest level is designed for the inter-bank market (the participants are large banks). The bid/ask spreads of this level are commonly not available to those traders outside this level. There is a certain trend, the lower the level of access the bigger the bid/ask spread (it can vary from 0-1 to 1-2 pips for most traded currencies). The main factor determining the amount of the spread is the volume.