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2. Foreign exchange date conventions - Wikipedia

   en.wikipedia.org/wiki/Foreign_exchange_date...

   The Foreign exchange Options date convention is the timeframe between a currency options trade on the foreign exchange market and when the two parties will exchange the currencies to settle the option. The number of days will depend on the option agreement, the currency pair and the banking hours of the underlying currencies. The convention ...

3. How To Trade Forex: Your Guide - AOL

   www.aol.com/finance/trade-forex-guide-150457776.html

   Nowhere is the old adage "you have to spend money to make money" more true -- or at least more literal -- than forex trading. Trading on the foreign exchange means converting your money into and ...

4. Retail foreign exchange trading - Wikipedia

   en.wikipedia.org/.../Retail_foreign_exchange_trading

   It was the development of the internet, trading software, and forex brokers allowing trading on margin, that started the growth of retail trading. Today, traders are able to trade spot currencies with market makers on margin. This means they need to put down only a small percentage of the trade size and can buy and sell currencies in seconds.

5. Currency pair - Wikipedia

   en.wikipedia.org/wiki/Currency_pair

   A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.

6. World currency - Wikipedia

   en.wikipedia.org/wiki/World_currency

   The first European banknotes were issued in 1661 by Stockholms Banco.Founded by Johan Palmstruch, it was a predecessor of Sweden's central bank Sveriges Riksbank. [1] As commercial activity and trade shifted northward in 17th century Europe, deposits at and notes issued by the Bank of Amsterdam denominated in Dutch guilders became the means of payment for much trade in the western world.

7. Exchange rate - Wikipedia

   en.wikipedia.org/wiki/Exchange_rate

   The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers. Most trades are to or from the local currency.