Question
11.In relation to foreign exchange (FX) markets, which is correct? Select one: a. Spot transactions have a value date one business day from the contract
11.In relation to foreign exchange (FX) markets, which is correct? Select one:
a. Spot transactions have a value date one business day from the contract date.
b. The difference between a FX dealers bid and offer quotes is referred to as the spread.
c. A direct FX quote is where USD currency is the terms currency in the FX quote.
d. Forward currency transactions have a delivery date with up to three business days to settle.
e. A FX price maker quotes two-way rates: the first and higher rate is the rate at which they will sell the unit of the quote.
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The Handbook Of Hybrid Securities Convertible Bonds CoCo Bonds And Bail In
Authors: Jan De Spiegeleer, Wim Schoutens, Cynthia Van Hulle
1st Edition
1118449991, 978-1118449998
