Definition
FX, short for foreign exchange, refers to the market where currencies are traded and exchanged between buyers and sellers. It is the largest and most liquid financial market in the world, where participants, including banks, financial institutions, corporations, and individual traders, exchange one currency for another based on prevailing exchange rates. FX trading plays a crucial role in facilitating international trade and investment by enabling currency conversion and hedging against foreign exchange risk.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.