Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
Related questions
Question
Refer to the structure of the foreign market structure.
1. What is the difference between retail market and wholesale market?

Transcribed Image Text:Structure of the Foreign Exchange Market
Foreign Exchange Market
Retail
Wholesale
Banks and Money
Changers (Currencies,
bank notes, cheques)
Inter-bank (bank
Central Bank
accounts or
deposits)
Direct
Indirect
(through brokers)
Forward
(outright &
swaps)
Derivatives
(futures, options,
etc.)
Spot
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