Which of the Following Statements in Relation to the Operation

Multiple Choice

Which of the following statements in relation to the operation of the FX market is incorrect?

A) A corporation will generally need to sell foreign currency when it borrows funds from overseas capital markets for use in its own domestic operations.
B) The main trading floor of the Australian FX market is located in Sydney, with subsidiary branches in other main cities.
C) The Reserve Bank may conduct FX transactions in order to change the composition of its 'official reserve assets'.
D) 'Dealers' in the Australian FX market use global electronic networks such as Bloomberg and Reuters.