--%>
Assignment Help - homework help

Retail or client market and wholesale or interbank market

Distinguish between retail or client market and wholesale or interbank market for foreign exchange?

E

Expert

Verified

Market for the foreign exchange seemed as the two-tier market.  One tier is wholesale or interbank market and the other one is retail or client market.  International banks offer the core of FX market.  They behave as willing in order to buy or sell the foreign currency for their own account.  These international banks may serve their retail clients, individuals or corporations, in performing foreign commerce or forming the international investment within the financial assets which needs foreign exchange.  Retail transactions account only for about 16 percent of the FX trades. Other 84 percent is the interbank trades between international banks, or some non-bank dealers who are large enough to transact within the interbank market.

   Related Questions in Financial Accounting

  • Q : Essential condition for

    Specify the essential condition for the fixed-for-floating interest rate swap to be possible?

    		•
  • Q : Trading A CD/$ bank trader is presently

    A CD/$ bank trader is presently quoting a small figure bid-ask of 35-40, while rest of the market is trading at the CD1.3436-CD1.3441.  Specify what all is implied about trader’s beliefs by his prices?

    		•
  • Q : Human race in our modern world Here are

    Here are two papers addressed to the in-class essay from the previous class. Study them in the context of the exact wording of the assignment and take some notes that will enable you to refer to specific features of the two papers when talking about their relative qua

    		•
  • Q : Letter of Credit What do you mean by

    What do you mean by Letter of Credit?

    		•
  • Q : Retail or client market and wholesale

    Distinguish between retail or client market and wholesale or interbank market for foreign exchange?

    		•
  • Q : Causes of decreasing of Gross profit

    What are the various causes of decreasing of Gross profit margin?

    		•
  • Q : Payment method-Buy pound or investing

    When you have visited the London, you have purchased a Jaguar for £35,000, which is payable within the three months. Enough cash is there at your bank in the New York City that pays 0.35% of interest per month, compounding monthly, to pay for car. Presently, spo

    		•
  • Q : MIS reports What are MIS reports and do

    What are MIS reports and do you made it?

    		•
  • Q : Financial report Details of Assignment

    Details of Assignment : You are required to form a team (group) of 3 to 4 m embers. Let your lecturer know the names of your team members. Select a set o f financial statements for a group of companies and obtain approval from your le cturer for the group of companies that you have selected.

    		•
  • Q : Case study of a global economy The

    The economic recovery is seemingly on track and in fact strengthened during the first half of 2010. The global financial market however, suffered a setback with the turmoil in sovereign debt markets leading to sharp currency movements. The extent of recovery varies ac

    		•