True/False
Most profits or losses on FX trading for FIs come from market making-the bid-ask spread-or from acting as agents for retail or wholesale customers.Revenues from taking an open position or speculating in currencies generally provide only a secondary or supplementary revenue source.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which of the following statements is true?<br>A)The
Q2: Which of the following is an appropriate
Q3: Which of the following statements is true?<br>A)An
Q5: Which of the following statements is true?<br>A)The
Q7: A direct quote:<br>A)shows the amount of home
Q8: Good managers can know in advance what
Q9: Assume an FI holds US$200 000 in
Q10: Spot market for foreign exchange refers to
Q11: Indirect quote shows the amount of home
Q60: When purchasing and selling foreign currencies to