1, spot foreign exchange transactions, both parties agree to handle the delivery of foreign exchange transactions within two working days after the transaction.
2. Forward transaction: a foreign exchange transaction mode in which delivery is not made after the completion of foreign exchange transactions, but is made according to the time agreed in the contract.
3. Arbitrage: A foreign exchange trading method that uses different foreign exchange markets, different currencies, different delivery times and differences in exchange rates and interest rates of some currencies to buy from the low-priced parties and sell from the high-priced parties to earn profits.
4. Arbitrage trading uses the interest rate difference between the two countries' currency markets to transfer funds from one market to another to earn profits.
5. Swap transaction is a transaction that combines two or more foreign exchange transactions with the same currency but opposite directions and different delivery dates.
6. Foreign exchange futures: futures contracts with exchange rate as the subject matter to avoid exchange rate risks. It is the earliest variety in financial futures.
7. Trading of foreign exchange options: Foreign exchange options are traded in foreign exchange, that is, the option buyer obtains a right after paying the corresponding option fee to the option seller, that is, after paying a certain amount of option fee, the option buyer has the right to buy and sell the agreed currency at the exchange rate and amount agreed by both parties in advance on the agreed expiration date, and the buyer with this right also has the right not to execute the above-mentioned sales contract.
Introduction to foreign exchange trading market:
There is no specific place in the foreign exchange market, and there is no central exchange. All transactions are conducted between banks through the Internet. Any financial institution, government or individual in the world can participate in trading 24 hours a day.
The foreign exchange market runs continuously for 24 hours, rising and falling, and never stops. Its trend is like the transition between day and night on the earth, and it goes on and on. Accordingly, the market trend of exchange rate is divided into four stages: bottoming, rising, topping and falling.
Extended data:
Precautions for speculating in foreign exchange:
About 5% of the daily transaction turnover is due to companies and government departments buying or selling their products and services abroad, or having to convert the profits earned abroad into local currency, while 95% of the transactions are for profit or speculation.
For speculators, the best trading opportunity is always to trade the most frequently traded (and therefore the most liquid) currency, which is called the main currency. About 85% of daily transactions are conducted in these major currencies, including US dollar, Japanese yen, Euro, British pound, Swiss franc, Canadian dollar and Australian dollar.
This is a real-time 24-hour trading market. Foreign exchange trading starts from Sydney every day. With the rotation of the earth, the business days of every financial center in the world will start in turn, first in Tokyo, then in London and new york. Different from other financial markets, investors in foreign exchange trading can respond to foreign exchange fluctuations caused by economic, social and political events, whether during the day or at night.
The foreign exchange trading market is an over-the-counter (OTC) or "in-bank" trading market, because in fact, foreign exchange transactions are reached by both parties through telephone or electronic trading network, unlike the stock and futures trading markets, foreign exchange transactions are not concentrated in a certain exchange.
Baidu encyclopedia-foreign exchange transactions (currency exchange in various countries)
Baidu encyclopedia-foreign exchange