金融信息系统-典-比较完备的知识点 中英文.docxVIP

Foreign Exchange: Foreign exchange (FX) is the exchange of one country’s currency for another country’s currency Ranking 1. Quote Pair (Base/Counter): USD / HKD 2. Rate (Bid / Ask): 7.7753 / 7.7780 3. Spread point: 27 basis point (Ask Price 7.7780 – Bid Price7.7753)差价 4. Quote convention: 53/80 (the last two digits of decimal point) rate约定 5. Direct quote: Bank buy 1 US Dollar and sell 7.7753 HK Dollar to customer 6. Indirect quote: Bank buy 1 Australia Dollar and sell US Dollar to customer To determine which is Base and which is Counter in a Quote Pair, there is a currency ranking. B