BASE CURRENCY DEFINITION
- George Solotarov
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In trade, the concept of base currency has two main meanings: the first currency listed in the forex pair or the accounting currency used by banks and other companies.
In trade, the concept of base currency has two main meanings: the first currency listed in the forex pair or the accounting currency used by banks and other companies.
Automated trading – commonly defined as computational trade – is the use of algorithms to organize transactions.