Foreign Exchange Market Participants Who Seek Out the Best FX

question 47

Multiple Choice

Foreign exchange market participants who seek out the best FX rates in the markets and match the buy and sell orders for a fee are called:

• A) FX dealers.
• B) FX brokers.
• C) FX arbitrageurs.
• D) FX day traders.

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Definitions:

Defense Mechanisms

Tactics of the mind used by individuals to confront the truth of their existence while upholding their self-perception.

Sublimation

A defense mechanism in psychoanalytic theory where socially unacceptable impulses or idealizations are unconsciously transformed into socially acceptable actions or behavior.

Repression

A defense mechanism where unpleasant thoughts, desires, or experiences are excluded from conscious awareness.

Libido

The energy of the sexual drive as a component of the life instinct.