1, foreign exchange transaction: foreign exchange transaction is the exchange of one country's currency with another country's currency. Different from other financial markets, the foreign exchange market has no specific location and no central exchange, but transactions between banks, enterprises and individuals through electronic networks. "Foreign exchange trading" means buying one of a pair of currencies at the same time and selling the other.

2. Types of foreign exchange transactions: US dollar, Deutsche Mark, Euro, Japanese yen, British pound, Swiss franc, FRF, ITL, NLG, BEC and Denmark. Canadian dollar (CAD), Australian dollar (AUD), New Zealand dollar (NZD), Singapore dollar (SIN), Macau dollar (MOP), Malaysian ringgit (MYR).

3. Classification of foreign exchange transactions:

The foreign exchange market, also known as the "foreign exchange" or "FX" market, is the largest financial market in the world, with an average of more than $65,438+050 billion circulating in it every day-equivalent to more than 30 times of the total transaction volume of all securities markets in the United States. Classification of foreign exchange transactions

From the nature and types of transactions, foreign exchange transactions can be divided into the following two categories:

1. Basic foreign exchange transactions to meet customers' real trade and capital trading needs;

2. On the basis of basic foreign exchange transactions, foreign exchange derivatives transactions are conducted to avoid and prevent exchange rate risks or for foreign exchange investment and speculative needs.