Forex trading
Foreign exchange trading is the exchange of one country’s currency for another country’s currency. Unlike other financial markets, the foreign exchange market has no specific location and no central exchange, but trades through electronic networks among banks, businesses and individuals. “Forex trading” is the simultaneous purchase of one currency in a pair of currency pairs and the sale of another currency.
From the perspective of the nature of the transaction and the type of realization, foreign exchange trading can be divided into the following two categories:
1Basic foreign exchange transactions to meet customers’ real trade and capital transaction needs.
2In addition to basic foreign exchange transactions, foreign exchange derivatives transactions are conducted to avoid and guard against exchange rate risks or for foreign exchange investment and speculation needs.
The basic foreign exchange transactions belonging to the first category are mainly spot foreign exchange transactions, while foreign exchange derivative transactions include forward foreign exchange transactions, foreign exchange option transactions, swap transactions, swap transactions, etc.
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BIYA GLOBAL LLC is a licensed entity registered with the U.S. Securities and Exchange Commission (SEC No.: 802-127417); a certified member of the Financial Industry Regulatory Authority (FINRA) (Central Registration Depository CRD No.: 325027); regulated by the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC).
BIYA GLOBAL LLC is registered with the Financial Crimes Enforcement Network (FinCEN), an agency under the U.S. Department of the Treasury, as a Money Services Business (MSB), with registration number 31000218637349, and regulated by the Financial Crimes Enforcement Network (FinCEN).
BIYA GLOBAL LIMITED is a registered Financial Service Provider (FSP) in New Zealand, with registration number FSP1007221, and is also a registered member of the Financial Services Complaints Limited (FSCL), an independent dispute resolution scheme in New Zealand.