FX market products
FX market forms a part of the financial market. Mutual exchanges of individual foreign currencies such as import payments, export collections and also other transactions having influence on the exchange rate of a domestic currency vis-à-vis foreign currencies take place in FX market.
FX market is a prompt market in which non-term and spot deals (FX conversion, FX arbitrage) or term deals (swaps, forwards, futures, options) are closed.
Moreover, one of the roles of FX market is to hedge against FX risk (hedging).
