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The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies This market determines the foreign exchange rate It includes all aspects of buying, selling and exchanging currencies at current or determined prices In terms of trading volume, it is by far the largest market in the world, followed by the Credit
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OANDA Corporation is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association No: 0325821 Please refer to the NFA's FOREX INVESTOR ALERT where appropriate OANDA (Canada) Corporation ULC accounts are available to anyone with a Canadian bank account
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How to Calculate Exchange Rate If you're planning to go abroad and exchange your money for another currency, it's a good idea to figure out how much cash you'll have after the exchange Also, knowing exactly how much your money is worth
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I have a business trip coming up and since it snowed heavily last night in Ottawa, I dropped into the nearest TD Canada Trust Branch instead of a RBC Branch (where we hold all our chequing accounts) to exchange some Canadian dollars into US dollars
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How to get the best exchange rate when sending money overseas 22 January 2019