There are four main categories of subjects in the foreign exchange market: banks and non-bank dealers trading in foreign currency; individuals and firms performing commercial and investment operations; arbitrageurs and speculators; central banks and treasuries. Banks and non-bank dealers trading foreign exchange “make the market” both technically and organizationally. They make a profit by buying […]
Tag: the commission
Basic terms of delivery
This section of the contract of sale will be discussed in detail below. Quality of goods Determining the quality of goods in a contract of sale involves establishing the qualitative characteristics of the goods, i.e. a set of properties that determine the suitability of the goods for use for their intended purpose. The choice of […]