Traditional Culture Encyclopedia - Traditional stories - Traditional types of trading products in the foreign exchange market
Traditional types of trading products in the foreign exchange market
There are four types, which are spot trading, futures trading, swaps and selective forex trading.
Spot forex trading, also known as live trading, is a transaction between large banks and between large banks acting on behalf of large clients. After the transaction is agreed upon, the receipt and delivery of funds should be completed within two working days at the latest. The main focus here is on personal forex trading carried out by domestic banks for banks that are suitable for niche groups.
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