Examlex
Identify the following terms.
-the ordeal
Reporting Dealers
Financial institutions that are involved in the foreign exchange markets, providing detailed data on market activity to central banks.
Spread
The difference between the buy and sell price for a currency.
Foreign Exchange Trade
The act of buying and selling currencies with the aim of making a profit from the changes in their exchange rates.
Buy and Sell Price
The price at which an item can be purchased and the price at which it can be sold, respectively.