CoolInterview.com - World's Largest Collection of Interview Questions & Answers, FAQs, queries, sample papers, exam papers, dumps, what, why, how, where, when questions
Our Services
Get 9,000 Interview Questions & Answers in an eBook.




Get it now !!
Send your Resume to 6000 Companies
Currency Trading Interview Questions & Answers - Learning Mode
COOLINTERVIEW.COM INVESTMENT INTERVIEW QUESTIONS CURRENCY TRADING INTERVIEW QUESTIONS QUESTIONS & ANSWERS - LEARNING MODE

Currency Trading Interview Questions & Answers - Learning Mode

Currency Trading is the act of buying and selling (trading) different currencies of the world. The Foreign Exchange (or Forex) is the market that allows you to trade currencies in volume. The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world. The main participants in this market are the larger international banks. Financial centres around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market does not determine the relative values of different currencies, but sets the current market price of the value of one currency as demanded against another.

Try Currency Trading Interview Questions & Answers - Exam Mode

Previous 1 2 3 4 5 6 7 8 Next

Sort By : Latest First | Oldest First | By Rating

Currency Trading Interview Questions & Answers - Learning Mode
Try Currency Trading Interview Questions & Answers - Exam Mode
Question: Can currency futures help small traders?

Answer: Yes. The minimum size of the USDINR futures contract is USD 1,000. Similarly EURINR future contract is EURO 1000, GBPINR future contract is GBP 1000 and JPYINR future contract is YEN 1,00,000. These are well within the reach of most small traders. All transactions on the Exchange are anonymous and are executed on a price time priority ensuring that the best price is available to all categories of market participants irrespective of their size. As the profits or losses in the futures market are a Source: CoolInterview.com
Question: If I am an AD Category I Bank, why should I become a member of a currency futures exchange? I have the interbank market, anyway.

Answer: "The interbank market is a market for Banks. Small and mediumsized clients of Banks cannot directly participate in the interbank market. If a Bank is a member of a currency futures exchange, it can trade on behalf of its small and medium-sized clients, who otherwise would not have been able to benefit from fluctuations in currency exchange rates. Thus, Banks can increase their customer base if they become a member of a currency futures exchange. Banks themselves can also benefit from a currency Source: CoolInterview.com
Question: What is the need of currency futures?

Answer: Currency futures are needed if your business is influenced by fluctuations in currency exchange rates. If you are in India and are importing something, you have done the costing of your imports on the basis of a certain exchange rate between the Indian Rupee and the relevant foreign currency. By the time you actually import, the value of the Indian Rupee may have gone down and you may lose out on your income in terms of Indian Rupees by paying higher. On the contrary, if you are exporting someth Source: CoolInterview.com
Question: What are the terms and conditions set by RBI for Banks to participate in exchange traded fx futures?

Answer: RBI has allowed Banks to participate in currency futures market. The AD Category I Banks which fulfill stipulated prudential requirements are eligible to become a clearing member and / or trading member of the currency derivatives segment of MCX-SX. AD Category I Banks which are urban co-operative banks or state co-operative banks can participate in the currency futures 09 market only as a client, subject to approval thereof, from the respective regulatory department of RBI. Source: CoolInterview.com
Question: What is Forex?

Answer: Foreign exchange is the simultaneous buying of one currency and selling of another. Currencies are traded through a broker or dealer and are executed in currency pairs; for example, the Euro and the US dollar ( EUR / USD ) or the British pound and the Japanese yen ( GBP / JPY ). The Foreign Exchange Market ( FOREX ) is the largest financial market in the world, with a daily volume of over $4 trillion. This is more than three times the total amount of the stocks and futures markets combined. Unli Source: CoolInterview.com
Question: Who is Day Trader in a Currency Trading Market?

Answer: Day Trader in a Currency Trading Market is a trader who buys and sells on the basis of small short-term price movements. Source: CoolInterview.com
Question: What is Swap (Storage) in a Currency Trading Market?

Answer: Swap (Storage) in a Currency Trading Market is the payment for transferring an open position overnight. May be both positive and negative. The night from Wednesday to Thursday triples the payment. Source: CoolInterview.com
Question: What are Locked Positions in a Currency Trading Market?

Answer: Locked Positions in a Currency Trading Market are the positions opened for buying and selling one and the same tool with the same volume. Source: CoolInterview.com
Question: What is Interest Rate Carry in a Currency Trading Market?

Answer: Interest Rate Carry in a Currency Trading Market is the income or cost associated with keeping a foreign exchange position overnight. This is derived when the currency pairs in the position have different interest rates for the same period of time. Source: CoolInterview.com
Question: What is Bretton Woods Agreement in a Currency Trading Market?

Answer: Bretton Woods Agreement in a Currency Trading Market is the treaty signed by the first members of the UN in 1944, which has set fixed exchange rates for major currencies giving central banks the right to intervene in foreign exchange markets as well as the price of gold at the level of 35 USD per ounce. The agreement has been in force until 1971. Source: CoolInterview.com
Question: What is Flat in a Currency Trading Market?

Answer: Flat in a Currency Trading Market is the term describing a trading book with no market exposure. Source: CoolInterview.com
Question: What is Cable in a Currency Trading Market?

Answer: Cable in a Currency Trading Market is the British pound/US Dollar exchange rate GBP/USD. Source: CoolInterview.com
Question: What is Dollar in a Currency Trading Market?

Answer: Dollar in a Currency Trading Market is the national currency in a number of countries: the United States, Canada, Australia, New Zealand etc. = 100 cents. The name originated from the word "Thaler" which was the name for a black metal coin in Europe. Source: CoolInterview.com
Question: In a certain series resonant circuit, VC = 125 V, VL = 125 V, and VR = 40 V. The value of the source voltage is A. 125 V B. 250 V C. 290 V D. 40 V

Answer: Correspondent Bank in a Currency Trading Market is the US index, calculated once a month. It indicates the price dynamics of the basket purchased by an average consumer. One of the most important inflation indicators. Source: CoolInterview.com
Question: What is Take Profit Order in a Currency Trading Market?

Answer: Take Profit Order in a Currency Trading Market is a customer's instructions to buy or sell a currency pair which, when executed, will result in the reduction in the size of the existing position and show a profit on said position. Source: CoolInterview.com
Question: What is Central bank in a Currency Trading Market?

Answer: Central bank in a Currency Trading Market is a bank, administered by a national government, which regulates the behavior of financial institutions within its borders and carries out monetary policy. Source: CoolInterview.com
Question: If a transformer has 50 turns in the primary winding and 10 turns in the secondary winding, what is the reflective resistance if the secondary load resistance is 250 ? A. 250 B. 25 C. 6,250 D. 62,500

Answer: Deutsche Akzien Index(DAX 100) in a Currency Trading Market is a major German stock index. It is calculated as the average of 100 top German companies. Source: CoolInterview.com
Question: What is Non-trading Operation in a Currency Trading Market?

Answer: Non-trading Operation in a Currency Trading Market are of the following types of operations: deposit, withdrawal, repayment and extension of credit. Source: CoolInterview.com
Question: What is Execution in a Currency Trading Market?

Answer: Execution in a Currency Trading Market is the Process of completing an order or deal. Source: CoolInterview.com
Question: What is Risk Management in a Currency Trading Market?

Answer: Risk Management in a Currency Trading Market is the employment of financial analysis and use of trading techniques to reduce and/or control exposure to financial risk. Source: CoolInterview.com

Previous 1 2 3 4 5 6 7 8 Next



India News Network
Latest 20 Questions
Payment of time- barred debt is: (a) Valid (b) Void (c) Illegal (d) Voidable
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
Which of the following is not an exception to the rule, "No consideration, No contract": (a) Natural love and affection (b) Compensation for involuntary services (c) Completed gift (d) Agency
Consideration must move at the desire of: (a) The promisor (b) The promisee (c) The promisor or any other party (d) Both the promisor and the promisee
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal
Cache = 0.382812 Seconds