Investment Management Firm
Investment management company (which
usually is a lot of accounts manager on behalf of customers such as pension
funds and foundations) transactions in the foreign exchange market for foreign
currency needs in order to make purchases of shares abroad. Foreign exchange
transactions for them is not a primary investment objective so that it does not
deal with speculative purposes or in order to obtain maximum profit.
Hedge funds
Hedge funds are an investment company
that runs business activities speculative transactions for profit, such as
George Soros whose reputation rose due to currency speculation does
aggressively since 1990. He manages trillions of U.S. dollars and is still able
to borrow more trillions of U.S. dollars and is therefore able to make
intervention by the central bank of a country to maintain its exchange rate to
be helpless if the economic fundamentals are dependent on the "mercy"
of hedge funds.
Foreign Exchange Broker
Foreign exchange broker is a company
that is established to carry out activities for the benefit of its clients
brokerage services in the field of financial markets by gaining a reward for
his services. According to CNN, a foreign exchange broker has a volume between
25 and 50 trillion U.S. dollars per day, or about 2% of the total value of the
transaction.
No comments:
Post a Comment