Foreign exchange dealer

Foreign exchange dealer

A firm or individual that buys foreign exchange from one party and then sells it to another party. The dealer makes the difference between the buying and selling prices, or the spread.

Foreign Exchange Dealer

A trader who buys and sells currencies. For example, a foreign exchange dealer may buy dollars from one party and sell them to another at a different exchange rate. The dealer profits from the difference in exchange rates between currencies.
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The BVNs of each consumer will now be validated by the CBN Authorised Foreign Exchange Dealer through the Nigerian Interbank Settlement System (NIBBS) platform before the transaction goes through.
The Bank of England said in a separate review on Wednesday, that its chief foreign exchange dealer, Martin Mallet, had not alerted his bosses that traders were sharing information.
POLITICAL uncertainty following a potential Yes vote in the Scottish referendum "is likely to be negative" for sterling, according to the world's largest foreign exchange dealer.
The euro was also flat vis-a-vis the dollar and the yen with its downside supported as eurozone fears were somewhat alleviated after Cyprus banks reopened overnight without "a notable mess," a foreign exchange dealer in Tokyo said.
The market was caught short following the rate cut decision, and hence the dollar/rupee spiked up," said Vikas Babu Chittiprolu, a senior foreign exchange dealer with state-run Andhra Bank.
The company is dually registered by the Commodity Futures Trading Commission ("CFTC") as a Futures Commission Merchant and a Retail Foreign Exchange Dealer, and has been a member of the National Futures Association ("NFA") since 2007, NFA Member ID: 0379678.
The new government is caught between a rock and a hard place - they have a lot to deliver but the economy can't support any fiscal expansion," said a Bucharest foreign exchange dealer.
com), a Foreign Exchange Dealer registered with the CFTC and a member of the National Futures Association, is headquartered in New York City's 7 World Trade Center.
Prior to joining the Kaufmann-Rothstein International, Simmons worked as Chief foreign Exchange Dealer and Trading Desk Manager in one of the most established commodity futures firms in United States.
Advanced Markets is a futures commission merchant (FCM), Retail Foreign Exchange Dealer (RFED), registered with the U.
He was employed as a foreign exchange dealer on a basic salary of EUR75,190.
Jack previously worked in a variety of roles at Citigroup in the UK and Australia, and at Midland Montague in Sydney where he started as a foreign exchange dealer in 1982.

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