________ Seek to Profit from Trading in the Market Itself

question 44

Multiple Choice

________ seek to profit from trading in the market itself rather than having the foreign exchange transaction being incidental to the execution of a commercial or investment transaction.

• A)Speculators and arbitragers
• B)Foreign exchange brokers
• C)Central banks
• D)Treasuries

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Definitions:

T-Bills

Short-term government securities with maturities of less than a year, sold at a discount from their face value.

Probability

A quantitative measure of the likelihood of a certain event or outcome, expressed as a number between 0 and 1.

Return

The profit or loss derived from an investment over a particular period, often expressed as a percentage of the investment's initial cost.