tailieunhanh - Chapter 04: The Market for Foreign Exchange

To help you in Finance - Bank document further serve the needs of learning and studying for exams. Invite you to consult chapter 04 "The Market for Foreign Exchange" below. Content document contains multiple choice quiz questions about the forex market, hoping to document contents to help you achieve good results in the upcoming exam. | Chapter 05 The Market for Foreign Exchange Chapter 04 The Market for Foreign Exchange Multiple Choice Questions 1. The world s largest foreign exchange trading center is A. New York B. Tokyo C. London D. Hong Kong 2. On average worldwide daily trading of foreign exchange is A. impossible to estimate B. 15 billion C. 504 billion D. trillion 3. The foreign exchange market closes A. Never B. 4 00 . EST New York time C. 4 00 . GMT London time D. 4 00 . Tokyo time 4. Most foreign exchange transactions are for A. Intervention by central banks B. Interbank trades between international banks or nonbank dealers C. retail trade D. purchase of hard currencies 5. The difference between a broker and a dealer is A. Dealers sell drugs brokers sell houses. B. Brokers bring together buyers and sellers but carry no inventory. Dealers stand ready to buy and sell from their inventory. C. Brokers transact in stocks and bonds currency is bought and sold through dealers. D. None of the above 5-1 Chapter 05 The Market for Foreign Exchange 6. Most Interbank trades are A. Speculative or arbitrage transactions B. Simple order processing for the retail client C. Overnight loans from one bank to another D. Brokered by dealers 7. At the wholesale level A. Most trading takes place OTC between individuals on the floor of the exchange B. Most trading takes place over the phone C. Most trading flows over Reuters and EBS platforms D. Most trading flows through specialized broking firms 8. Intervention in the foreign exchange market is the process of A. A central bank requiring the commercial banks of that country to trade at a set price level. B. Commercial banks in different countries coordinating efforts in order to stabilize one or more currencies. C. A central bank buying or selling its currency in order to influence its value. D. The government of a country prohibiting transactions in one or more currencies. 9. The standard size foreign exchange transactions are for A. 10 million

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• The Market for Foreign Exchange
• Foreign Exchange
• Prep forex market
• Forex market Documents
• Quizzes forex market