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How do foreign exchange traders spend their day?
A foreign exchange trader is a trader who specializes in foreign exchange trading. Specifically, it includes: ① international financial professionals in the foreign exchange management department or finance department of foreign exchange banks learn about the foreign exchange price of banks from the screen of telex video, and make use of the operation mode of "buy cheap and sell expensive" to earn the bid-ask difference. 2 self-employed. Self-financing, buying and selling foreign exchange for themselves (usually banks), generally retail sellers of currency, set up stalls at entry and exit ports to exchange foreign currency, and the price may be 20% to 30% different from that of bank drafts or telegraphic transfers. (3) Other traders who buy and sell foreign exchange at their own expense.

Specific job responsibilities:

1, managing foreign exchange fund transactions;

2. Collect and sort out foreign exchange data, collect and update foreign exchange policies and relevant laws and regulations;

3. Manage foreign exchange positions of the whole bank, conduct spot and forward foreign exchange products and basic foreign exchange derivatives transactions, and make quotations for various foreign exchange transactions.

Tips: The above contents are for reference only.

Reply time: 2022-0 1- 12. Please refer to the latest business changes announced by Ping An Bank in official website.