Prime Minister George Papandreou (George Papandreou) Monday said that unless the “unprincipled opportunism” and “poor supervision” financial market can be controlled, otherwise the financial crisis in Greece is likely to spread to areas outside of Europe. (more…)
2010/03/08
Soros: The Ultimate bubble gold
Soros said: “When I saw the bubble, I will buy. Wait until the bubble is mature, it will sell.”
The financial predators in the previous dialogue session in Hong Kong a few words, has triggered an unlimited audience guess Soros mind where the next bubble. (more…)
European corporate bond credit default swaps fell to a six-week low
According to foreign media report today, used to protect corporate bonds from default fell to the cost of Monday the lowest level since the six-week, as investors Greek sovereign debt crises will be inhibited and Dubai will be the issue of further debt restructuring optimism increased. (more…)
Fed moves to deploy and then withdraw from the market
U.S. Federal Reserve launched new measures to take away from the financial system, the pace of surplus funds for preparation. Federal Reserve Bank of New York, will be increasing its involvement in reverse repurchase transactions, the number of financial institutions. (more…)
2010/03/04
The foreign exchange market and stock markets the main difference
Are more familiar with a lot of friends on the stock market to talk about them is the relish. The foreign exchange market for most people, yet belonging to a new field, if the stock market where some of the customary understanding of copy to the foreign exchange market, it will bring some unnecessary trouble and confusion.
1. Space of different
From the characteristics of the foreign exchange market can be seen out of the foreign exchange market is a global market, while the stock market is a regional market; foreign exchange market is the intangible, the stock market is tangible.
Some of my friends often ask: This offer is that the market quotes? This is subject to the stock market impact. As the foreign exchange market is global, open market, it is not there a quote that the market problems, we have seen is that the market price of the latest offer, although this time the Tokyo market could be more active, but may also be in New York , London, Hong Kong and other parts of traders in the transaction, so that the quotation from what the market is difficult to determine, there is no need to know.
2. Different standards
In the stock market, different regional markets will have a different market rules and its own characteristics, but in the same market, we all follow the uniform standards.
In the foreign exchange market, because of its global characteristics, the market is highly tolerant and a very high degree of freedom, we deal with, following a fair, voluntary, the principle of good faith can be made without any special requirements and rules.
3. Deal in different ways
Regulate the stock market are based on the call auction, centralized way to bring together to complete the transaction reflects the absolute fairness, therefore, at the same point in time on the same stock can not come up with different transaction price.
The foreign exchange market is more like a farmer’s market, all buyers and sellers is completely open, reflects the absolute freedom, the buyer is free to inquiry, the seller is free to quote, the two sides is carried out on a voluntary basis transactions, transaction price is for both sides, “one is willing to fight, one is willing to endure”, a point and the stock market is totally different, foreign exchange market is not centralized call auction and the computer matching of the rules.
Know that the stock market and foreign exchange markets of this, investors would not be surprised by the differences in the inter-bank offer, and this is entirely the market.
The characteristics of the foreign exchange market
From the foreign exchange transactions and the surrounding region-wide rate, foreign exchange market has room for unity and continuity of the two basic characteristics of the time. (more…)
The foreign exchange market
A broad sense refers to the foreign exchange market foreign exchange trading venues, and even personal foreign exchange trading venues, foreign currency futures, etc.; narrow the foreign exchange market refers to the specialized banks, foreign exchange, foreign exchange brokers, central bank for transaction of the main, by telephone, telex, transaction machines and other modern communication means to achieve transactions, the invisible market. (more…)
Bid and offer prices
Bid Price (Bid rate) the bank to buy foreign exchange to customers (price listed in the “/” on the left of the currency, that is the base currency) is used to exchange rates. (more…)
Basic rate and cross currency
Basic exchange rate (also known as direct drive or basic exchange rate): generally refers to a country’s currency against the dollar. (more…)