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Currency

FOREX

It is the largest financial market in the world with an estimated daily trading volume of $5 trillion.

The world of finance encompasses a vast array of terms and concepts, and one of the most important to understand is the foreign exchange market, commonly referred to as FOREX or FX. This market is where currencies from around the world are bought and sold simultaneously, making it a key player in the global economy. In fact, with a daily trading volume of approximately $5 trillion, it is the largest financial market in existence.

Counter Currency

, it represents the value of the currency that is being quoted. In the world of finance, it is important to understand the concept of Counter Currency. This refers to the sec...

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Flat

A trading book with no market exposure is commonly known as a "zero book" in the world of finance. This term refers to a book of financial instruments that have no current m...

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Correspondent bank

As a professor of finance, it is important to understand the role of a foreign bank representative. This individual is often hired by a bank without a local branch to assist...

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Hedged margin

In the world of finance, we often come across the term 'margin'. It refers to the monetary guarantee that a dealer requires from a client to maintain an open or locked posit...

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