NO.PZ2016010802000202
问题如下:
Which of the following counterparties is most likely to be considered a sell-side foreign-exchange market participant?
选项:
A.A large corporation that borrows in foreign currencies.
B.A sovereign wealth fund that influences cross-border capital flows.
C.A multinational bank that trades foreign exchange with its diverse client base.
解释:
C is correct.
The sell side generally consists of large banks that sell foreign exchange and related instruments to buy-side clients. These banks act as market makers, quoting exchange rates at which they will buy (the bid price) or sell (the offer price) the base currency.
考点:Participants in The Foreign Markets
解析:A multinational bank that trades foreign exchange通常是外汇市场上的卖家,而A sovereign wealth fund 以及 A sovereign wealth fund 在外汇市场上通常扮演买家的角色。
公司借了外汇之后需要卖出变成本国货币 所以是sell side吧