GMS 724 Quiz: GMS 724 - Chapter 8 - Foreign-Exchange Trading Process - Part 2
30 Jan 2019
School
Department
Course
Professor
Document Summary
Chapter 8 - foreign-exchange trading process: part 2. In addition, to examining transaction volumes and quality of services, the criteria for selecting the top foreign-exchange dealers include the following: Ranking of ranks by corporations and other banks in specific locations, such as london, singapore, and new york. Capability of handling major currencies, such as the u. s. dollar and the euro. Capability of handling major cross-trade, such as those between the euro and pound or the euro and yen. Capability of handling derivatives (forwards, swaps, futures, and options) Capability of engaging in research and analytics: given the differing capabilities, large companies may use several banks to deal in foreign exchange, selecting those that specialize in geographic areas, instruments, or currencies. In the past, for example, at&t used citibank for its broad geographic spread and wide coverage of different currencies, but it also used. Deutsche bank for euros, swiss bank corporation for swiss francs,
