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2018-08-13
Ease of filling the forms. There is one change if you can make will be great... in date of birth column, once you click on it, you have to put the MM/DD/YYYY. If you can allow to override that and just put the year, that will be of help. In my case where my father was born in 1920 and his date of MM/DD is not known, I'm forced to fill it with incorrect information.
2018-09-23
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2019-02-20
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2019-10-22
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2019-03-06
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2021-10-18
I wanted to merge multiple PDFs to…
I wanted to merge multiple PDFs to make a unique Journal. but BOOK BOLT didn't have that feature, I was disappointed.. Then I was watching a YouTube video and it mentioned this PDF editor.. I have created my unique Journal and I am ready to sell it on Amazon... Thank you so much. This is a money making software. Hats off to you ALL!!! Peace, Power and Success. David Star is Zodicus Prime..
2021-09-09
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2021-02-03
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2020-12-24
Place Currency Settlement Feature
The Place Currency Settlement feature streamlines the way you handle transactions across different currencies. This tool simplifies your financial operations, allowing you to focus on growing your business instead of worrying about complex currency exchanges.
Key Features
Automated currency conversion for seamless transactions
Real-time exchange rates to ensure accuracy
Multi-currency support for diverse business needs
Easy integration with existing payment systems
User-friendly interface for quick setup
Potential Use Cases and Benefits
E-commerce businesses serving international customers
Companies managing payments for global suppliers
Freelancers working with clients worldwide
Travel agencies handling bookings in various currencies
Nonprofits accepting donations from different countries
By using the Place Currency Settlement feature, you can eliminate the headaches of manual currency conversions. This tool solves your problem of fluctuating exchange rates and complicated transactions with its automated system. You will save time, reduce errors, and enhance the experience for your customers, making your financial dealings smooth and efficient.
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What is a settlement currency?
In forex (FX) trading, the settlement currency (also referred to as payment currency) is the second currency listed in the currency pair description (example: EUR.USD). The transaction currency multiplied by the exchange rate will indicate the settlement currency amount for the transaction.
What does it mean to be long a currency?
To go long on a currency means that you buy it, hoping that the price will rise. A long position is expressed in terms of the base currency. A short position occurs when the first currency is sold while the second currency is bought.
What does a currency pair mean?
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. ... A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD.
What does it mean to short a currency?
What does it mean to go short on a currency? Going short, or short-selling, means that you are betting against the market. In this scenario, you are selling an asset on the assumption that its price will fall, and the more the price falls, the greater your profit.
What does long EUR USD mean?
Trading the EUR/USD currency pair is also known as trading the “euro.” The value of the EUR/USD pair is quoted as 1 euro per x U.S. dollars. For example, if the pair is trading at 1.50, it means it takes 1.5 U.S. dollars to buy 1 euro. 1:33.
How long can you hold a forex position?
If you are a scalper, I would advise you to hold a position from seconds to 30 Minutes. For a day trader, hold the position from at least 30 Minutes an hour to a whole day. Swing trader, from four hours to a few days. Trend trader, from one day to several days.
What is FX settlement?
A foreign exchange spot transaction, also known as FX spot, is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date. The exchange rate at which the transaction is done is called the spot exchange rate.
What is FX settlement risk?
Foreign exchange (FX) settlement risk is the risk of loss when a bank in a foreign exchange transaction pays the currency it sold but does not receive the currency it bought. FX settlement failures can arise from counterparty default, operational problems, market liquidity constraints and other factors.
What is FX deal?
A foreign exchange spot transaction, also known as FX spot, is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date. The exchange rate at which the transaction is done is called the spot exchange rate.
How long do FX trades take to settle?
The settlement date for stocks and bonds is usually two business days after the execution date (T+2). For government securities and options, it's the next business day (T+1). In spot foreign exchange (FX), the date is two business days after the transaction date.
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