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CASE STUDY ON FOREX BY ASHISH SIR
What is a forex swap transaction?
A forex swap involves simultaneously buying and selling the same amount of a currency on two different value dates, commonly used to roll over positions or manage short-term liquidity.
What is a 'tom' (tomorrow) transaction in forex markets?
Settlement on the next working day after trade date.
What does 'value date' mean in a forex transaction?
The value date is the actual date on which the currency exchange (delivery and receipt) takes place, as opposed to the trade date when the deal is struck.
What is meant by 'cable' in forex trading terminology?
Informal term for the GBP/USD currency pair.
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