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Foreign Exchange Market ( Forex, FX or Currency Market)

Foreign Exchange Market ( Forex, FX or Currency Market) 

The foreign exchange market ( Forex, FX or currency market) is a global online network where traders buy and sell currencies, and participants are able to buy, sell, exchange and speculate on currencies. The foreign exchange market is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. Also It is a market where the currencies of different countries are bought and sold is called a foreign exchange market.

This global foreign exchange market has two tiers. The first tier is the interbank market.  It is place the biggest banks exchange currencies with each other. The second tier is the OTC (over the counter) market. That is place and individuals trade. It becomes very popular since there are many companies that offer online trading platforms.

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Responsibilities Responsible for all underwriting matters related to acceptance of risks/policies and ensures that it is in compliance with the company’s business strategies and risk acceptance guidelines. Conducts review on new and renewal cases. Ensures that issuance of policy documentation is within the timeframe set. Handles enquiries from customers, agents, brokers, reinsurers and internal customers. Provides technical underwriting support to
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