The FI Is Acting as a FX Market Agent for Its

question 95

Multiple Choice

The FI is acting as a FX market agent for its customers when it

• A)buys or sells currency to balance the FI's net exposure.
• B)takes a nonzero net position in a particular currency.
• C)processes an exporter's transaction in a foreign currency.
• D)makes a market in its domestic currency.
• E)advises customers on their international business.

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Definitions:

Mindfulness

The practice of being fully present and engaged in the moment, aware of one's thoughts and feelings without judgment.

Contingency Management

A behavioral therapy technique that modifies behavior by changing the consequences that follow specific actions, often using rewards or punishments.

Mindfulness

A mental practice focused on being fully present and engaged in the moment, without judgment.

Present Moment

The state or experience of being fully aware of and focused on what is happening right now, without distraction by thoughts of the past or future.