Question: What is the difference in purpose between spot trades and FX swaps? WSpot trades and X X swaps have the same purpose and are used
What is the difference in purpose between spot trades and FX swaps?
WSpot trades and X X swaps have the same purpose and are used interchangeably,
Spot tuades are used for inmedite exchange of currencies, while FX swaps ane used for deferied exchange:
Spot trades are used for deferred exchange of currencies, while FX swaps are used for immediate exchange.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
