The Foreign Exchange Market Consists Literally of a Buyer's and a Seller's

question 49

True/False

The foreign exchange market consists literally of a buyer's and a seller's market where currencies are traded for both spot and future delivery on a continuous basis.The forward market is for immediate delivery and the spot market is for future delivery.

---

Definitions:

Security Agreement

A legal document that provides a lender a security interest in a specified asset or property that serves as collateral for a loan.

Documents

Written, printed, or electronic records that provide evidence or information.

Considered

Thought about or taken into account when making a decision or judgment.

Perfection

In legal terms, the act of completing all required steps to secure a legal right or interest, making it enforceable against third parties.