What is a Two-Sided Market?

The two-way quotation method refers to the two-way quotation method is an important concept when making foreign exchange investments. Many investors are not familiar with the two-way quotation method. Below I will give you a full explanation of what the two-way quote method means.

Two-way quotation

Right!

The double quote method

in

××× quote currency = 1 quote currency.

Regardless of whether it is a direct quote method or an indirect quote method, any currency that plays the role of "commodity" is the quoted currency.

For example: 0.8800USD = 1EUR is the RC quoted currency. 1.6600CHF = 1USD is the RC quoted currency. 133.00JPY = 1USD is the RC quoted currency.

Generally speaking, the bidder (bank or broker) will report at the same time

But the British system has no such concerns. Instead, it is the right offer when buying, and the Bid on the left when selling. For example: if you buy 100,000 Euro = 0.8810 / 20, the transaction price is 0.8820. Less easy to get wrong. When investors enter the market, they must first figure out how to quote the currency you want to make. Don't get it wrong.