ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Derivative Securities Market
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Foreign Exchange Market
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Financial Market Regulation
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Indirect Funds
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Detailed explanation-1: -foreign exchange market (forex, or FX, market), institution for the exchange of one country’s currency with that of another country. Foreign exchange markets are actually made up of many different markets, because the trade between individual currencies-say, the euro and the U.S. dollar-each constitutes a market.
Detailed explanation-2: -Foreign exchange markets are made up of banks, forex dealers, commercial companies, central banks, investment management firms, hedge funds, retail forex dealers, and investors.
Detailed explanation-3: -Three are three key types of forex markets: spot, forward, and futures.
Detailed explanation-4: -Foreign exchange is also called forex in short. We have seen what foreign exchange is. We will go through the advantages of foreign exchange. Foreign exchange is required for international trade.