Refers to a group that deals with a specific currency or currencies.
Desk
Related Terms
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Forex brokers will quote you two different prices for a currency pair: the bid and ask price. The “bid” is the price at which you can SELL the base currency. The “ask” is the price at which you can...
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An electronic desk or e-trading desk is a trading desk that generates continuous algorithmic price quotes for clients via different types of electronic trading venues and protocols.
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G7 stands for “Group of Seven” industrialized nations. It used to be known as the G8 (Group of Eight) until 2014 when Russia was excluded because of its annexation of Crimea from Ukraine. The Group of Seven is the world’s leading industrial countries: United States, Germany, Japan, France, United Kingdom, Canada, Italy. Why was G7 […]
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An electronic market maker is a firm that provides prices on electronic trading (e-trading) venues and continuously submits limit orders to buy or to sell. It provides liquidity to those traders...
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another. While it is called “foreign” exchange, this is just a relative term. The terms “foreign” and “domestic” are relative to the person using the term. What is foreign to someone is considered domestic to another. “Currency exchange” […]