Foreign exchange dealer

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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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