Professional Documents
Culture Documents
Financial Market Review
Financial Market Review
MARKET’S REVIEW
FOREX (foreign exchange)
MARKET
THE CONTENT
• THE DEFINITION
• AVERAGE DAILY TRADING VOLUME
• CHARACTERISTICS
• PARTICIPANTS
• FUNCTIONS
• TYPES OF TRANSACTIONS
• FOREIGN EXCHANGE RATES
• FACTORS INFLUENCING FOREIGN EXCHANGE RATES
• SOURCES
THE DEFINITION
FOREX is a global
decentralized or
over-the-counter
market for the
trading of
currencies.
AVERAGE DAILY TRADING VOLUME
CHARACTERISTICS
MARKET INTERNATIONAL
TRANSPARENCY NETWORK OF
DEALERS
PARTICIPANTS COMMERCIAL
BANKS
INDIVIDUALS FOREIGN
OR SMALL EXCHANGE
BUSINESSES BROKERS
FOREX
CENTRAL
MNCs BANKS
FUNCTIONS
HEDGING
FUNCTION
CREDIT
FUNCTION
TRANSFER
FUNCTION
TYPES OF TRANSACTIONS
SPOT TRANSACTIONS
FORWARD TRASACTIONS
FUTURE TRASACTIONS
SWAP TRANSACTIONS
OPTION TRANSACTIONS
FOREIGN EXCHANGE RATES
Exchange rate is the value of one country’s currency in relation to another currency.