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Sunday, March 14, 2010

Buying Price and a Selling Price

There is a Buying Price and a Selling Price In the foreign exchange market there are always two prices for every currency—one price at which sellers of that currency want to sell, and another price at which buyers want to buy.

A market maker is expected to quote simultaneously for his customers both a price at which he is willing to sell and a price at which he is willing to buy standard amounts of any currency for which he is making a market.

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