The so-called spatial unification refers to the use of modern communication technologies (telephone, telegraph, telex, etc.) in foreign exchange markets of various countries. ) foreign exchange transactions, so that the relationship between them is very close, the whole world is more and more linked together, forming a unified world foreign exchange market.
The so-called time continuity means that the foreign exchange markets in the world alternate with each other in business hours, forming a circular operation pattern. The component of the foreign exchange market is the trading company or individual of the draft. Buy and sell foreign exchange bills with its own funds to obtain the bid-ask difference. Most foreign exchange dealers are operated by trust companies, banks and other institutions 24 hours a day, and the market is characterized by global market and 24-hour intermittent aging.