Some Facts, What Is - Communication



Some Facts, What Is - Communication

A banking enterprise engaging in sell FX transactions shall make a record of all communications received by the banking company or its related persons engaging facts delivering rise to possible violations of ruling correlated with the banking institution's market foreign exchange business. The record shall contain: the name of the complainant, in the case provided; the date of the communication; the relevant agreement, subcontract, or transaction; the essence of the communication; and the name of the man who received the communication and the final adjustment of the matter.

Where Fx has to meet other challenges is with the highly unlinked bank and electronic communication network (ECN) execution venues, the miss of communication standards and the released price discovery.

Exchange rates

Base currency

Indicative quote

Exchange market

Forward contract


Limit order