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Spot exchange

Foreign exchange is a crucial aspect of global financial markets. It refers to the buying and selling of currencies for immediate delivery, typically within two business days. This transaction, commonly known as "spot" trading, allows individuals and businesses to exchange one currency for another at the current market rate. This method is preferred for its quick settlement process and is widely used in international trade and investment. Now, let's delve deeper into the intricacies of foreign exchange.

Commission agent

A commissioned foreign sales representative receives a portion of the profits from the sales they facilitate. This type of compensation structure motivates individuals to ac...

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Stock SIP

Stock SIP, also known as Systematic Investment Plan, is a strategic approach to investing in stocks. It allows investors to purchase a predetermined amount or quantity of st...

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Open Trades

As a finance professor, it's important to understand the concept of active trades in a customer's account. These are trades that have not yet been closed or settled, and are...

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Dividend Reinvestment Plan

A dividend reinvestment program (DRIP) is a scheme implemented by publicly traded companies which utilizes dividends to purchase additional shares of the company. This resul...

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