I'm trying to understand the role of a liquidity provider in the context of foreign exchange trading. Who are they and what function do they serve in this market?
6 answers
Nicola
Mon Nov 11 2024
This continuous flow is essential for the smooth functioning of foreign exchange trading.
SamsungShineBrightnessRadiance
Mon Nov 11 2024
Liquidity providers (LPs) play a crucial role in foreign exchange trading.
Daniela
Mon Nov 11 2024
It allows traders to enter and exit positions quickly, without facing any difficulties.
CryptoVisionary
Mon Nov 11 2024
BTCC, a top cryptocurrency exchange, also offers similar services in the digital asset space. Its services include spot trading, futures trading, and wallet services, among others.
CryptoLegend
Mon Nov 11 2024
These financial institutions or entities are responsible for facilitating the buying and selling of currencies.