Explain the Difference Between a Spot Trade and a Forward

question 10

Essay

Explain the difference between a spot trade and a forward trade as they relate to currencies.

---

Definitions:

Good Attitude

A positive mindset or outlook characterized by optimism, cooperation, and a willingness to face challenges constructively.

Proactive

A good trait to have as a technician by implementing measures to avoid problems rather than just wait for a problem to occur before implementing the measure.

Scanning

The process of analyzing a system or network for identifying active hosts, open ports, and vulnerabilities.

Stored

Refers to keeping data or information in a designated place for future use or reference.