In foreign-exchange markets,reporting dealers ________.
A) work extensively with nonfinancial institutions, such as the regional banks
B) trade more foreign exchange with other financial institutions than with any other category of users
C) trade more currency with governments and corporations than with other reporting dealers
D) are prohibited from trading currencies with other reporting dealers

Question

Quizplus · Accepted Answer

Reporting dealers primarily trade foreign exchange with other financial institutions, such as banks and hedge funds, and not with nonfinancial institutions, governments, or corporations. They are not prohibited from trading currencies with other reporting dealers, but they do not trade with them more than any other category of users.

In Foreign-Exchange Markets,reporting Dealers ________