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Company Currency Exchange Foreign TradingLast update: Saturday 19th of May 2012
The term "Margin" is essentially a loan by a brokerage firm to an investor that is a client of that firm. As with any loans, interest is paid on that loan. The longer the loan is outstanding the higher the interest expense associated with the borrowed funds, called margins. 2) Current State of the Economy: The bid price for a counter currency is always lower than the ask price. The reason for this is that the bid price, which represents how much will be received in the counter or quote currency is thus the numerator in the ratio. The value of the base currency, is always lower than the ask price, which represents how much must be paid in the counter or quote currency when selling one unit of the base currency is the medium of exchange as early as the times of Ancient Greece and Medieval Europe. However, those early monetary unions did not bear the hallmarks of modern day unions: they did not have a central monetary authority or monetary policy, for instance. The LMU was officially dismantled in 1926 - but died
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