Preview

foregin trading system

Good Essays
Open Document
Open Document
761 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
foregin trading system
EX.NO:

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.

2

You May Also Find These Documents Helpful

  • Good Essays

    Hello ladies and gentlemen hope you day is going well so fair. My name is Linda, I wanted to come out and speak with about the International trade and finance I will be handing out a booklet that show you what I will talking about if you should have an question write the down and I will try address them all after my speech. In many ways the United States and Japanese are the leading opponents in the international trade since both countries manufacture numerous amounts of the same goods. For instance, Toshiba’s major competitor in the personal computer is Dell. Subsequently to the materialization of the world trade organization the quantity of the international trade has boosted too the largest and countries are enthusiastically partake in the trade to push their gross domestic product. In addition, to this active contribution in the trade this permits them to focus on what they know how to do best alone with enjoy a greater variety of goods and services. This paper will observe more intensely about the comparative advantages, exchange rate risks and trade barriers in the international trade and finance this will give the reader a better understanding on how the trade world works.…

    • 903 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Global finance operations include financial procedures, such as accounting, financial planning and analysis, strategic planning, treasury, investor relations, and financial compliance. Exchange rate is the existing market cost for which one currency can be exchanged for another (Moffatt, n.d.). For instance, when the U.S. exchange rate for the Japanese Yen is ¥1.10, this means that 1 American Dollar can be exchanged for 1.1 Japanese Yen. The purpose of this paper is to analyze the exchange rate mechanism (Euro Currency Markets), to describe how this mechanism is used in global financing operations, and to analyze its importance in managing risks.…

    • 1454 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Currency has been used as a medium of exchange, for trading goods and services for around…

    • 2841 Words
    • 12 Pages
    Powerful Essays
  • Best Essays

    Foreign exchange market, as the largest and the most liquid financial market, with an average daily trading volume of nearly $1.5 trillion changing hands where statistically it is superior to all US equity and Treasure markets combined (Michelle Chan, 2011), was expectedly deteriorated as well as fluctuated by the ongoing European debt sovereign crisis since 2008.…

    • 2402 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    When a currency trader enters into a trade with the intent of protecting an existing or anticipated position from an unwanted move in the foreign currency exchange rates, they can be said to have entered into a forex hedge. By utilizing a forex hedge properly, a trader that is long a foreign currency pair, can protect themselves from downside risk; while the trader that is short a foreign currency pair, can protect against upside risk.…

    • 643 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Exchange Rates

    • 990 Words
    • 4 Pages

    There are different types of exchange rate systems. The two main systems that nation’s use are fixed exchange rates and…

    • 990 Words
    • 4 Pages
    Good Essays
  • Good Essays

    FXTM Case Study

    • 1032 Words
    • 5 Pages

    FXTM also has the facility where traders that prefer automated trading strategies through expert advisers can take advantage of the designated forex VP's service. Technical traders can also take advantage of the Trading Central Analysis Tool absolutely free.…

    • 1032 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Early Trading System

    • 338 Words
    • 2 Pages

    If there was ever an important period historians, and people could put a finger on, this would be it. This is the important period where the world's countries, kingdoms, and dynasties established trade routes. This is the period where countries were made and countries were destroyed because of the importance of trade and the importance of building a fundamental, religious, and economical way of life. This paper will discuss the goals and functions of trades, and traders, and a historical analysis of world trade.…

    • 338 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    forex

    • 12352 Words
    • 42 Pages

    Foundation #1: I highly recommend that you follow 1 or maybe 2 major currency pairs. It gets far too complicated to keep tabs…

    • 12352 Words
    • 42 Pages
    Better Essays
  • Powerful Essays

    Taking out short term derivatives or taking positions in them by Multi-National Companies, Firms or organization be it large or small, have become essential and necessary due to incessant fluctuations in exchange rate. Today's sophisticated international markets have helped foster the rapid growth in derivative instruments. As long MNC’s or individuals deal in more than one currencies whether in payables or in receivables. Given the potential shifts in the supply or demand for currency, firms and individual who have assets or business interest in foreign currencies that deals in businesses that…

    • 2734 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Foreign Exchange Market

    • 532 Words
    • 2 Pages

    2. Just as with the price of a good, the price, or exchange rate, of a currency is determined by supply and demand. However, rather than using a traditional supply and demand analysis as shown in Marthinsen, currency traders often consider whether foreign funds will flow into or out of a country as a result of a particular economic circumstance. If foreigners wish to make domestic purchases or investments, foreign currency must first be exchanged for the domestic currency. Thus, foreign funds flowing into a country increase the demand for the domestic currency and it appreciates. Funds flowing out reverse this process leading to depreciation of the domestic currency. In the table, place an X to indicate whether each economic condition will cause foreign funds to flow in or out of the country and whether the domestic currency will appreciate or depreciate.…

    • 532 Words
    • 2 Pages
    Powerful Essays
  • Satisfactory Essays

    Di Napoli Template

    • 395 Words
    • 2 Pages

    Di Napoli is a master trader who has written a book entitled “Trading with Di Napoli’s Levels”. He did not trade with Forex but his methods and use of Fibonacci is well known all over the world.…

    • 395 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    A company that regularly conducts business in multiple countries must spend a considerable amount of time settling foreign exchange transactions. It may buy and sell the same currencies many times over as it processes individual payables and receivables.…

    • 459 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Next, we go beyond the foreign exchange market and study the international debt and equity…

    • 251 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Operation

    • 657 Words
    • 3 Pages

    CASE STUDY : 2 The Indian Foreign Exchange market has grown substantially during the liberalization period of the Indian economy. The growth in the retail segment of the market has increased the foreign exchange business turnover of `Authorised Dealers’ while the increase in tourism has boosted the business volumes of `Money Changers’. This period has seen several landmark developments such as change in the vehicle currency, introduction and withdrawals of the `Liberalised Exchange Rate Management System (LERMS), change in the modality of quoting exchange rates, stepwise introduction of convertibility of the Indian Rupee etc. The Foreign Exchange Dealers Association of India (FEDAI) has played a significant part in helping the market to assimilate these changes thereby ensuring the smooth functioning of the market.…

    • 657 Words
    • 3 Pages
    Satisfactory Essays