Which of the following is not a characteristic of the foreign exchange market as an OTC market?
A) The market has no specific physical location
B) Buyers and sellers conclude transactions via means of telecommunication
C) It comprises both spot and forward transactions
D) There are no floor brokers
Correct Answer:
Verified
Q1: The term 'foreign exchange' means:
A) foreign reserves
Q2: Which of the following is not a
Q4: A price taker in the foreign exchange
Q5: A price maker in the foreign exchange
Q6: A foreign exchange broker earns income by:
A)
Q7: A foreign exchange dealer engages in:
A) taking
Q8: Importers participate in the foreign exchange market
Q9: Exporters participate in the foreign exchange market
Q10: Central banks buy and sell currencies on
Q11: The average daily turnover in the foreign
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