The foreign exchange (FX) market is one of the highest-volume markets in the financial world; annualized FX trading equates to an astounding 13 times global GDP. Multinational corporations are, necessarily, major participants in the FX market. In order to hedge their currency risk, these companies trade large volumes of FX-based derivatives. However, the playing field for these trades is often tilted in favor of their banking partners.
Following the $70 million renovation of the Queen Mary, Urban Commons plans to increase its acquisition volume this year in primary markets across the country.
Move shows China's confidence in the currency's recent gains, analysts say.
Treasury & Risk is pleased to announce this year's finalists.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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