The only institutions allowed to trade in the foreign exchange market are:
A) banks.
B) the RBA.
C) publicly listed companies.
D) those authorised by the RBA to do so.

Question

Quizplus · Accepted Answer

Only institutions that are authorized by the Reserve Bank of Australia (RBA) are allowed to trade in the foreign exchange market. Therefore, choice D is the only correct answer. Banks, publicly listed companies, and the RBA itself can be authorized by the RBA to trade in the forex market, but they are not automatically permitted to do so.

The Only Institutions Allowed to Trade in the Foreign Exchange