FOREX

Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia, Hutchinson

0.06 sec.

Forex

See: Foreign exchange

Foreign exchange (FOREX). Any type of financial instrument that is used to make payments between countries is considered foreign exchange. The list of instruments includes electronic transactions, paper currency, checks, and signed, written orders called bills of exchange.

Large-scale currency trading, with minimums of $1 million, is also considered foreign exchange and can be handled as spot price transactions, forward contract transactions, or swap contracts.

Spot transactions close at the market price within two days, and the others are set to close at an agreed-upon price and an agreed-upon date in the future.

How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link
Email

Feedback
Add definition

? Mentioned in

? References in periodicals archive

Foreign exchange

parity

The Western Union Company (NYSE:WU), a leading provider of money transfer services, today confirmed a multi-year agreement with its Agent, Weizmann Forex Limited, to provide money transfer services in India, via more than 10,000 locations.

Western Union Extends Agreement With India's Weizmann Forex Limited by Business Wire

BEST Direct Web offers some of the industry's most innovative features for trading futures, options and forex markets, or a combination of these.

PFG Boosts Efforts to Target Asian Market: Shanghai Office Provides ... by Business Wire

Founded in 1999 by Wall Street veterans, GAIN Capital Group is one of the largest, most respected firms in the online forex industry, servicing clients from more than 140 countries and supporting trade volume in excess of $100 billion per month.

GAIN Capital Group Purchases Refco FX Customer List by Business Wire

More results

Financial browser

? Full browser

Foreign Restricted List
Foreign Sales Corporation
foreign tax credit
Foreign Tax Credit or Deduction
Foreign-source income
Foreign-targeted issue
Foreigner
FOREX
Forfaiter
Forfaiter (Primary)
Forfaiter (Secondary)
Forfaiting
Forfeiting
Forfeiture
Form 10-K

Financial Dictionary

Free Tools:	For surfers: Browser extension \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup \| Partner with us

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.