FX: translation
foreign exchange (FX)
An over-the-counter market where buyers and sellers conduct foreign exchange transactions. Also called foreign exchange market. GU=Give-up Trade OR SX=SGX MOS Trade (If this field is populated, the foreign firm field must also be populated, except in the case of multiple firm give-ups). Chicago Mercantile Exchange Glossary
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Foreign Exchange. Generally refers to the Foreign Exchange, or Currency, Market or a particular Exchange Rate. NYSE Euronext Glossary
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The Foreign Exchange markets that deal in the exchange of deposits in different currencies for varying effective 'value' dates.Most transactions are for 12 months or less, and are in the form of spot (cash), forwards, futures and options. FX rates refer to the number of units of one currency needed to buy another.
► See also Spot Market, Forwards, Futures, Option.
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fx UK US noun FINANCE
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