The spot market
A: Involves the almost-immediate purchase or sale of foreign exchange.
B: Involves the sale of futures, forwards, and options on foreign exchange.
C: Takes place only on the floor of a physical trading floor.
D: All of the above.
A: Involves the almost-immediate purchase or sale of foreign exchange.
B: Involves the sale of futures, forwards, and options on foreign exchange.
C: Takes place only on the floor of a physical trading floor.
D: All of the above.
举一反三
- A __________ transaction in the foreign exchange market requires an almost immediate delivery of foreign exchange.
- A __________ transaction in the foreign exchange market requires an almost immediate delivery of foreign exchange。( ) A: futures B: spot C: None of the above D: forward
- In order to maintain exchange rate stability, central banks often intervene in the foreign exchange market by buying and selling foreign exchange. When the local currency exchange rate (), they sell foreign exchange and withdraw local currency. A: depreciates B: appreciates C: is fixed D: none of the above
- A(n) _____ is the simultaneous purchase and sale of a given amount of foreign exchange for two different value dates. （ ） A: arbitrage B: spot exchange C: carry trade D: currency swap
- When the customer purchases foreign exchange at the foreign exchange bank, the transaction price shall be the buying price of foreign exchange.( )