Examlex
Why do nations trade? What would the world be like without international trade?
Foreign Exchange Market
A global decentralized or over-the-counter market for trading currencies, determining the foreign exchange rates for every currency.
Triangle Arbitrage
A riskless profit strategy that takes advantage of discrepancies between three foreign currencies in the forex market.
Spot Market
A market where financial instruments or commodities are traded for immediate delivery, as opposed to future or forward delivery.
Forward Market
A market in which participants agree to trade a financial instrument or physical commodity for future delivery at a specified price.
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