What is the difference between the retail or client
market and the wholesale or interbank market...
50.1K
Verified Solution
Link Copied!
Question
Finance
What is the difference between the retail or clientmarket and the wholesale or interbank market for foreignexchange?
Answer & Explanation
Solved by verified expert
3.7 Ratings (607 Votes)
The difference between the retail or client market and the wholesale market or interbank market for foreign exchange is explained below Interbank Markets it is where the biggest banks exchange currencies with each other Even though it has a very few members the trades are too high in volumes Each bank has a currency desk called the dealing desk
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!