Which of the following statement is TRUE? Select one or more: O a. The reason an FI receives a fee when purchasing or selling foreign currencies that allow customers to complete international transactions is that the FI assumes some FX risk. The FX markets of the world is smaller than the US stock market. c. A positive net exposure position in FX implies an FI has more foreign currency assets than foreign currency liabilities. Od. Currency swap transactions are undertaken in the spot market Ob.

Which of the following statement is TRUE? Select one or more: a. The reason an FI receives a fee when purchasing or selling foreign currencies that allow customers to complete international transactions is that the FI assumes some FX risk. b. The FX markets of the world is smaller than the US stock market. c. A positive net exposure position in FX implies an FI has more foreign currency assets than foreign currency liabilities. d. Currency swap transactions are undertaken in the spot market