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imagine_raza



Posts : 99
Join date : 2010-07-18

PostSubject: Banks   Mon Jul 19, 2010 8:09 pm

he interbank market caters for both the majority of commercial turnover and large amounts of speculative trading every day. A large bank may trade billions of dollars daily. Some of this trading is undertaken on behalf of customers, but much is conducted by proprietary desks, trading for the bank's own account. Until recently, foreign exchange brokers did large amounts of business, facilitating interbank trading and matching anonymous counterparts for small fees. Today, however, much of this business has moved on to more efficient electronic systems. The broker squawk box lets traders listen in on ongoing interbank trading and is heard in most trading rooms, but turnover is noticeably smaller than just a few years ago.
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sadiaali



Posts : 109
Join date : 2012-01-17
Location : Karachi,Pakistan

PostSubject: Re: Banks   Tue Jan 31, 2012 3:22 am

good thread about the transaction of currency on daily basis i think the usa is going to completely lost.
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