1. The difference in space can be seen from the characteristics of the foreign exchange market. The foreign exchange market is a global market, while the stock market is a regional market; the foreign exchange market is intangible, while the stock market is tangible. . Some friends often ask: Which market price is this quote? This is affected by the stock market. Since the foreign exchange market is a global open market, there is no question of which market the quotation is. The price we see is the latest quotation in this market. Although the Tokyo market may be more active during this period, there may also be New York , London, Hong Kong and other regions are trading, so it is difficult to determine which market the quotation comes from, and there is no need to know. 2. Different standards In the stock market, different regional markets will have different market rules and their own characteristics, but in the same market, everyone follows unified standards. In the foreign exchange market, due to its global characteristics, the market is very tolerant and free. Everyone can trade together and follow the principles of fairness, voluntariness, and integrity. There are no special requirements or rules. 3. Stock markets with different transaction methods use collective bidding and centralized matching to complete transactions, which reflects absolute fairness. Therefore, it is impossible for the same stock to have different transaction prices at the same time. The foreign exchange market is more like a farmer's market. All buyers and sellers are completely open, reflecting absolute freedom. Buyers can freely inquire and sellers can freely quote. Both parties conduct transactions entirely on a voluntary basis. The transaction price is "one is willing to fight and the other is willing to suffer" for both parties. This is completely different from the stock market. The foreign exchange market does not have the rules of collective bidding and computer centralized matching. Knowing this difference between the stock market and the foreign exchange market, investors will not be surprised by the differences in quotations between banks. This is entirely market behavior.