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Quotes in fixed units of foreign currency against domestic currency.
Direct Quotation
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Related Terms
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...
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Forex brokers will quote you two different prices for a currency pair: the bid and ask price. The “bid” is...
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A central bank intervention occurs when a central bank buys (or sells) its currency in the foreign exchange...
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A direct price stream refers to when a liquidity provider streams prices at which trades can be executed...
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An electronic market maker is a firm that provides prices on electronic trading (e-trading) venues and...
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