Currency Exchange - a physical platform designed for currency operations. It has the resources required for the fastest possible accomplishment of necessary actions, including searching for contractors, conducting settlements, recording completed transactions, assessing the current situation and much more.
The execution of trading operations platform is not exhausted. The currency exchange is the guarantor of the fulfillment by the trading participants of the obligations arising between them. The structure of the activities carried out by the trading platform includes the settlement of disputes (arbitration), the publication of various information, including financial news, and customer support.
Challenges and opportunities
The main tasks of currency exchanges include not only information of counterparties and the conduct of various operations. The formation of the market value of national monetary units is an equally important task, and it is the physical trading platforms that are the sources of the most objective prices. This is due to the fact that they are focused on the most active participants, making many transactions of a significant scale.
In addition to pricing and rendering intermediary services, each currency exchange performs additional functions that make the bidding process more comfortable and efficient. This may be the dissemination of information about the course of trading, current prices and important events that can affect exchange rates.
According to the objectives of the stock exchange transactions can be divided into two categories. The first of these is directly exchange operations, the purpose of which is not to make a profit. The second is usually called speculative activity. Its goal is to make a profit associated with the constant change in rates. In some cases, this may be risk management: the currency exchange makes possible a very effective work in this direction.
Need their Commission is often connected with foreign trade activities implemented by various organizations. Their goal may be the purchase of the required quantity of foreign currency units and their implementation (depends on activities).
The most comfortable conditions for this are created by the currency exchange. The exchange rates here are the most objective, and various trading costs are minimal. In some cases, the required number of monetary units can be bought only on the trading floor, for example, if we are talking about a very significant amount, or the necessary currency does not belong to the main types.
Some individuals or organizations are bidding for profit. For this, the purchase of a rising currency is made with its subsequent sale at a higher price. If successful, the profits from such operations can be huge. For individuals and organizations engaged in speculative activities, the currency exchange is the main source of income.
Such activities can be used to reduce risks. The currency exchange is also great for this. Exchange rates can vary in a wide range and with considerable speed. This can cause financial losses. In order to avoid such part of the assets or reserves is transferred to the currency of different countries. Losses from the cheapening of one currency in this case are offset by the profit from the appreciation of the other.
Most often, trading platforms do not limit their activities only to currency transactions. They give bidders the opportunity to work with precious metals, bonds, stocks, futures and other instruments. The largest sites allow you to use almost all existing financial instruments.
Such versatility is quite convenient: in the same place you can sell or buy the required amount of almost any monetary units or securities. Many of these exchanges were formed as a result of the merger of two or more smaller trading platforms.
Main trading platform in Moscow
The Moscow Currency Exchange until a certain point existed as a separate platform. Now she is a member of an exchange holding that provides access to work with a huge number of financial instruments. The holding is the largest in Russia. The US dollar rate formed during trading on this site is used by the Central Bank of Russia when setting the official exchange rate for this currency.
The tools available to bidders include the currency of Kazakhstan, Belarus, China, Ukraine, the United States and the eurozone. There are also stocks of many companies, precious metals, futures contracts and derivatives. Clients of the site appreciate its reliability and significance of the opportunities provided.