Forex

Forex

Foreign Exchange The simultaneous buying of one currency and selling of another in an over-the-counter market. Most major FX is quoted against the US Dollar.

Industry: Economy

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Forex

peseta

Economy; Forex

The peseta was the legal tender in Spain since its approval on October 19th, 1868 until January 1st, 1999, when the euro was introduced. It continued circulating until December 31, 2001 with the ...

A marketplace based on the internet where numerous companies execute economic transactions. ----------------------------------------------------------------- Chris Rowley, Hee-Dong Yang, Sora Kang ...

black market exchange rate

Economy; Forex

An exchange rate for a currency that differs from the official exchange rate set by a government. The black market exchange rate occurs when the official rate bears little or no relationship to the ...

pre-market trading

Economy; Forex

A period of trading activity that occurs on electronic exchanges before regular stock market trading hours begin. Pre-market trading allows investors to act quickly to major events. Many investors ...

after-market trading

Economy; Forex

After-market trading is the trading that occurs after the traditional trading hours of the major exchanges.

exchange rate

Economy; Forex

An exchange rate (also known as a foreign-exchange rate, forex rate, FX rate or Agio) between two currencies is the rate at which one currency will be exchanged for another.