In the spot market, the ________ is the difference between the bid and offer rates and is the trader's profit margin.
A) bid
B) offer
C) cross rate
D) spread
Answer: D
In the spot market, the ________ is the difference between the bid and offer rates and is the trader's profit margin.
A) bid
B) offer
C) cross rate
D) spread
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.