Matching Pairs Inter Fin Man Chp 5Online version Inter Fin Man Chp 5 by Ryan Brown 1 Appreciate 2 Forward Premium/Discount 3 Cross-Exchange Rate 4 Forward Market 5 Bid Price 6 Over-the-Counter (OTC) Markets 7 Depreciate 8 Swap Transaction 9 Foreign Exchange (FX) Market 10 Triangular Arbitrage 11 Spot Rate 12 Offer Price 13 Exchange-traded Fund (ETF) price at which foreign exchange can be sold or purchased for immediate (within two business days) delivery. the process of trading U.S. dollars for a second currency and subsequently trading this for a third currency. This third currency is then traded for U.S. dollars. The purpose of such trading is to earn arbitrage profit via trading from the second currency to the third. the portfolios of securities that are traded on the stock exchanges like individual securities. the price at which a dealer will sell a financial asset. encompass the conversion of purchasing power from one currency into another, bank deposits of foreign currencies, and trading in foreign currency spot, forward, futures, swap, and options contracts. an exchange rate between a currency pair where neither currency is the U.S. dollar. the price at which dealers will buy a financial asset. a market for trading foreign exchange contracts initiated today but to be settled at a future date. in the context of a domestic currency, an increase (a decrease) in a foreign exchange rate relative to another currency when stated in terms of the domestic (foreign) currency. trading market in which there is no central marketplace; instead, buyers and sellers are linked via a network of telephones, telex machines, computers, and automated dealing systems. the amount over (under) the spot exchange rate for a forward rate that is often expressed as an annualized percent deviation from the spot rate. the simultaneous spot sale (purchase) of an asset against a forward purchase (sale) of an approximately equal amount of the asset. in the context of a domestic currency, a decrease (an increase) in a foreign exchange rate relative to another currency when stated in terms of domestic (foreign) currency.