... for another.
The lack of a physical exchange enables the FOREX market to operate on a 24-
hour basis, spanning from one time zone to another across the major financial
centers. This fact—that there ... centralized exchange—is important to keep
in mind as it permeates all aspects of the FOREX experience.
What Is a Spot Market?
A spot market is any market that deals in...
... relative to another currency. There are
an enormous number of correlations between all these factors and they are
almost certainly nonlinear in nature. That means they are constantly changing
and ... United States, they may wish to buy some quantity of the USD and sell an
equal quantity of the GBP to hedge their margins from a fall in the GBP.
The speculator trades to make...
... to broker and can be as low as $100 to as high as $100,000.
Each time the trader executes a new trade, a certain percentage of the
account balance in the margin account will be earmarked as the ... charter
renewed but a separate quasi-private self-regulatory agency was created to
implement the laws, rules, and regulations. Thus in 1982 was born the
National Futures Ass...
... reduces to:
Units Available ϭ 100 ϫ Margin Available/Margin Percent
Cross rates can be handled in the same fashion by simply manipulating
the conversion rate. Note: Always decrease the units available ... broker always subtracts the transaction cost at the
moment the trade is initiated; therefore, transaction costs do not affect the
above calculations.
Calculating Units Availa...