“Total turnover for the Spot and Derivatives Market was N58.22tn and N0.81tn, respectively, in November 2024. Spot FX Market Turnover was $14.39bn (N23.95tn) in November 2024, representing a MoM ...
The spot forex market is the decentralized physical or cash market for currencies. It operates via a global and largely unregulated network of financial institutions and online brokers.
Unlike Forex and other forms of market trading, OTC trading is decentralized. In these trades, the share price is based on a future date/price or the spot price. The trading conditions are not ...
The US dollar continues to reign supreme but some currencies have defied gravity when it comes to forex trading volume ... sold USD 1.486 billion in the spot market, according to the central ...
Foreign exchange is the largest and most liquid financial market in the world ... Like many areas of finance, forex trading has its own lingo. Key terms to know include spot trading, currency ...