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21543376 Forex Market

21543376 Forex Market

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Published by neverahul

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Published by: neverahul on Aug 27, 2010
Copyright:Attribution Non-commercial

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09/19/2010

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FOREX MARKET
Ms. Shegorika R Lalchandani
 
INTRODUCTION TO FOREXAND FOREX DERIVATIVES
The foreign exchange (currencyor forex or FX) market existswherever one currency is tradedfor another. It is the largest andmost liquid financial market in theworld.
 
B
asic forms of Exchangingcurrencies:
Out 
righ
SwapWhen
wopar
iesexchangeonec
u
rrencyforano
her
he
ransac
ioniscalledano
ut 
righ
.When
wopar
iesagree
oexchangeandre-exchange(in
utu
re)onec
u
rrencyforano
her,i
iscalledaswap.

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