The Institutions That Transact Between the Foreign Exchange (FX)dealers in Banks

question 75

Multiple Choice

The institutions that transact between the foreign exchange (FX) dealers in banks and act as principals in the FX market are called the:

• A) foreign-currency dealer houses.
• B) currency syndicates.
• C) foreign-exchange brokers.
• D) inter-bank currency clearinghouses.

---

Definitions:

Jointly Setting

Jointly setting involves collaboratively establishing goals, objectives, or standards with the involvement and agreement of all relevant parties.

Personal Development

The ongoing process of understanding and developing oneself in order to achieve one's fullest potential.

Experience Fairness

The perception that experiences, especially in the context of the workplace or consumer interactions, are fair and just, influencing satisfaction and loyalty.

Goal-Setting Model

A framework used to identify and organize objectives and establish a plan for achieving them.