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Article reviews. Read View source View history. Tools Forex.xom. Download as PDF Printable version. In other projects. Wikimedia Commons. Global decentralized trading of international currencies. For other uses, see Forex disambiguation and Foreign exchange disambiguation. See also: Forex scandal. Main article: Retail foreign exchange trading. Main articles: Payment system and Bureaux reviews change. Main article: Exchange rate.

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A deal the spot market is known as a spot reviews. It is a bilateral transaction in which one party delivers an agreed-upon currency amount to the counterparty and receives a specified amount of another currency at the agreed-upon exchange value. After a position is closed, this web page is settled in cash.

Although the spot market is commonly known as one that deals with transactions in the present rather than in the futurethese trades take two days to settle. A forward forex.cmo is a private agreement between two parties to buy a currency at a future date and a predetermined price in reviews OTC reviews. In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves.