Exercises

Ⅰ． For the following questions ， consider each of the choices seperatly and select all that apply.

1．Foreign exchange market has featured by（　）.

A．dynamic market participants

B．high daily transaction volume

C．worldwide

D．around the clock of the trade

2．Foreign exchange activity is concentrated in “major” currencies such as（　）against

the USD.

A．GBP

B．CNY

C．EUR

D．JPY

3．Policymakers may intervene in foreign exchange markets in order to（　）.

A．make profit

B．controll inflation

C．maintain currency competitiveness

D．maintain financial stability.

4．Individual traders should consider（　）of one broker before deciding which broker to trade through.

A．internet connection

B．information service

C．account size

D．rules and regulations

5．The products being traded on CFETS currently include（　）.

A．spot

B．forward

C．swap

D．option

Ⅱ． Short answer questions.

1 .What are orders that commonly used in foreign exchange market ？

2 .What is short position and short selling ？

3 .What are factors that can significantly affect the fluctuation of foreign exchange rates ？ RFtSRBaMKvL6siYqwbN59cWQRPgzUNkVyrRdygm0sTcil1D8BZ9tp16aPwr4STxR