FOREIGN TRADING SYSTEMDATE:SRSINTRODUCTION
This project emphasizes about the Foreign Trade System which is an interface between the Accountholder and the market. In the initial phase details about the various currencies and the profit and loss of currency hold is collected PROBLEM STATEMENT:
The practice of currency trading is also commonly referred to as foreign exchange, Forex or FX for short.All currency has a value relative to other currencies on the planet. Currency trading system uses thepurchase and sale of large quantities of currency to leverage the shifts in relative value into profit. Theonline Foreign Currency Trading system is almost entirely a "spot" market. A "spot" market means thatthe trading is made immediately or "on the spot". The settlement of those Foreign Currency Trading spottransactions is made within two working days.
DOCUMENT CONVERSION:
The document follows the IEEE format standard (IEEE Std. 830 –
1998).
INTENDED AUDIENCE AND READING SUGGESSIONS:Audience:
The intended audience of this document is investors, traders, and all business entrepreneurs.
Organization:
This software is used by the trade brokerage organizations that perform the trade on behalf of theinvestors.
PROJECT SCOPE:
The online Foreign Currency Trading system enables you can have 24 hour updates of your investment in currency from the convenience of your own home.The Foreign Currency trading system involves no exchange fees, commissions and payments of that sort. The margin and leverage trading allows you to increase your earnings by up to 100times more than regular currency trading. This means larger profits and can benefit someinvestors. Currency Converter gives you accurate and instant foreign currency conversions. Theoptions are varied for minimum currency trading investments. There is also mini account wherewith a very small initial investment in a leveraged foreign currency, you can reach a high rewardthrough minimal risk.
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