Multiple Choice
A foreign exchange broker earns income by:
A) charging fees for services rendered
B) speculating in the foreign exchange market
C) exploiting the bid-offer spread
D) engaging in riskless arbitrage operations
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: Dealer A quotes 1.7652/1.7672 for the AUD/USD
Q31: A 'misquote' arises when a dealer:<br>A) quotes
Q32: A price maker in the foreign exchange
Q33: In order of importance, the following were
Q34: If the exchange rate between the Australian
Q35: In the foreign exchange market, price-takers:<br>A) buy
Q36: If the AUD/USD forward spread is -5.00%,
Q38: You are given the exchange rate AUD/USD
Q39: If the AUD/USD exchange rate declines from
Q40: You are given the exchange rate AUD/USD