Exchange rate, also known as exchange rate, refers to the price of one country's currency expressed in another country's currency, or the ratio between the currencies of the two countries.
The foreign exchange market refers to a trading market in which banks and other financial institutions, proprietary dealers, and large multinational corporations participate and are connected through intermediaries or telecommunications systems, with various currencies as the trading objects.
The foreign exchange market refers to a trading place for foreign exchange transactions, or a place where various currencies are exchanged with each other.
In recent years, the reason why the foreign exchange market has been favored by more and more people and has become the new darling of international investors is closely related to the characteristics of the foreign exchange market itself.
Foreign exchange is produced with international trade, and foreign exchange trading is a tool for international settlement of creditor's rights and debts.
Spot transactions are transactions between large banks and large banks acting on behalf of large customers. After the transaction is agreed, the payment and delivery of funds will be completed within two business days at the latest.
Contract spot foreign exchange trading, also known as foreign exchange margin trading, deposit trading, virtual trading, refers to investors and financial companies (banks, dealers or brokers) that specialize in foreign exchange trading, signing contracts for entrusted trading of foreign exchange
Foreign exchange futures trading is one of the methods of foreign exchange transactions. After the foreign exchange transaction is completed, the buyer and the seller do not provide spot, but only provide a certain margin