In
exchange forex (foreign exchange) one can buy or sell currencies are traded,
the goal is to make a profit or gain from the position of transactions. In
Stock exchange recognized term Lot and Pip. 1 Lot value is $ 1000 and 1 pip
value is $ 10. While the value of the dollar in the foreign exchange market is
different from the value of the dollar as we know it in banks. Value of the
dollar in the foreign exchange market is very varied, 6000/8000 and 10,000
rupiah.
Two-way transaction
Transactions
in foreign exchange can be done by way of two-way in taking advantage. One can
buy the first (open), and closed with a sell (sell close) or otherwise, to sell
first, and then closed with the purchase.
Foreign exchange market players
Unlike
the stock market where the members have the same access to the stock price,
foreign exchange market is divided into several levels of access. At the
highest level of access is the inter-bank money market (interbank) consisting
of investment banking firms besar.Pada interbank market, the difference between
the bid / selling price (ask) prices and demand / purchase price (bid) is very
thin so even normally does not exist, and this price only applies to their own
ranks who do not know foreign players outside their group.
At
the access level below, the range of difference between the selling price and
the purchase price be large depending on the volume of transactions. If a
trader can guarantee the execution of foreign exchange transactions in large
numbers, they can request that the difference between the selling and purchase
reduced-called better spread (thin difference between the buy and sell price).
Level access to the foreign exchange market is largely determined by the size
of the exchange transaction is done.
good information
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