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Belgian-based company that provides the global electronic network for settlement of most forex transactions. Also known as SWIFT.
Society For Worldwide Interbank Telecommunications
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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 trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
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Commercial corporations, unlike other market participants, are part of the 10% of market players who do not...
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LIBOR, or the London Interbank Offered Rate, is a benchmark that dictates daily interest rates on loans and...
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Foreign exchange is the simultaneous buying of one currency and the selling of another. Foreign exchange...
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