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FX
The FX stands for Foreign Exchange (FX) Market.
The FX stands for Foreign Exchange (FX) Market, where the buying and selling of currencies takes place. It is a global marketplace for the trading of one nation’s currency for another, and where traders and banks do much of their business when dealing with international funds. Exchange rates are set by the FX market based on buyer and seller activity (supply and demand) for any given currency.
Related Glossaries
Compliance
Compliance exists to ensure that banks operate with integrity.
SWIFT
SWIFT is an acronym for Society for Worldwide Interbank Financial Telecommunication.
Definite and Indefinite contract
Employment contracts that are either Fixed-term or Indefinite.
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