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Launch Web Platform Phone number We're talking here about using one national currency to purchase some other national currency and trying to do so at an advantageous exchange rate so that later one can sell the currency at a profit.
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TradeWise 1-on-1 support from instructors PROMOTIONS Jump up ^ S Homer, Richard E Sylla A History of Interest Rates John Wiley & Sons, 29 August 2005 Retrieved 14 July 2012 ISBN 0471732834
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21.6% SPY, USO, QQQ• Wed, Jul. 18, 7:29 AM • Marc Chandler Menu Development Use direct market access to trade into the exchange and get inside the spread 10. A spot transaction is a two-day delivery transaction (except in the case of trades between the US dollar, Canadian dollar, Turkish lira, euro and Russian ruble, which settle the next business day), as opposed to the futures contracts, which are usually three months. This trade represents a “direct exchange” between two currencies, has the shortest time frame, involves cash rather than a contract, and interest is not included in the agreed-upon transaction. Spot trading is one of the most common types of Forex Trading. Often, a forex broker will charge a small fee to the client to roll-over the expiring transaction into a new identical transaction for a continuation of the trade. This roll-over fee is known as the "Swap" fee.
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