Tenders are the operations on sale or purchasing of various financial actives. Tendering is the basic function of various stock exchanges. Tendering can be held via the registered stock exchange. Such stock exchanges are the New York stock exchange and the American stock exchange. This means, that the tendering is incumbent to the brokers (the representatives of broker offices) and experts who are responsible for tendering by the certain action.
Nasdaq, OTC Bulletin Board or Russian RTS stock exchanges are the stock exchanges on which tendering is held without intermediaries. At the stock exchange without intermediaries broker firms provide tendering holding acting as market makers, constantly quoting various stocks and as market takers, using these quotations.
One firm gives the seller and requests the price on which the seller agrees to sell the given security. Other firm represents the buyer and offers the price on which the seller will buy the given security. The greatest stock exchange by stock tendering volumes is NYSE. However currency tendering volumes in the forex market exceed the turnover of any stock exchange almost 50 times, average that is from 1 to 3 billion dollars a day. The Forex trading is held 24 hours a day. The Asian speculators with the center in Tokyo appear the first in the market, and then the European session follows with the centers in Frankfurt and London, and the American with the center in New York.
Tendering in the forex market last years became a rather widespread activity kind. Not less than 80 % of all Forex transactions have the purpose of speculative profit extraction on using the difference of exchange rates.
Nasdaq, OTC Bulletin Board or Russian RTS stock exchanges are the stock exchanges on which tendering is held without intermediaries. At the stock exchange without intermediaries broker firms provide tendering holding acting as market makers, constantly quoting various stocks and as market takers, using these quotations.
One firm gives the seller and requests the price on which the seller agrees to sell the given security. Other firm represents the buyer and offers the price on which the seller will buy the given security. The greatest stock exchange by stock tendering volumes is NYSE. However currency tendering volumes in the forex market exceed the turnover of any stock exchange almost 50 times, average that is from 1 to 3 billion dollars a day. The Forex trading is held 24 hours a day. The Asian speculators with the center in Tokyo appear the first in the market, and then the European session follows with the centers in Frankfurt and London, and the American with the center in New York.
Tendering in the forex market last years became a rather widespread activity kind. Not less than 80 % of all Forex transactions have the purpose of speculative profit extraction on using the difference of exchange rates.
No comments:
Post a Comment