Posted by R. MAK. on August 7, 2009 ·
The interbank market is the top-level foreign exchange market where different currencies are exchanged by the banks. The banks can either deal through electronic brokering platforms or they can also deal with one another directly. The two competitors in the electronic brokering platform business are The Electronic Brokering Services (EBS) and Reuters Dealing 3000 Matching and they together connect…
Posted by R. MAK. on August 5, 2009 ·
A quotation of exchange system is given by stating the number of units of “term currency” (that is also known as “price currency” or “quote currency”) that can be bought in terms of …
