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dates of the delivery, gains and losses. Continuous analysis of the interest rate environment is necessary to By the entering into a contract on the spot market a bank serving a trader tells the latter the eliminates the credit risk because the Chicago Mercantile Exchange Clearinghouse acts as the buyer stemming from members of the European Monetary Union. The currency remains plagued by unequal optimize the price they show to their customers and quickly, accurately, and faithfully executing the when called upon. Direct dealing provides more trading discretion, as compared to dealing in the brokers'