Most Profits or Losses on FX Trading for FIs Come

question 31

True/False

Most profits or losses on FX trading for FIs come from taking an open position or speculating in currencies.Revenues from market making-the bid-ask spread-or from acting as agents for retail or wholesale customers generally provide only a secondary or supplementary revenue source.

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Definitions:

Referent Power

A form of influence based on the leader’s likability and the followers’ desire to identify with or emulate them.

Legitimate Power

Power that is recognized and accepted by individuals due to the position or role of the person holding it.

Achievement Of Organizational Goals

The successful fulfillment or reaching of objectives set by an organization through collective efforts and strategies.

Political Behavior

Actions by individuals or groups within an organization that are aimed at influencing the distribution of advantages and disadvantages.