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Deriv

April 14, 2022

What is SmartFX and Basket Indices of Deriv?

Starting from April 2022, SmartFX will be known as Basket indices on Deriv's platforms. These indices allow you to trade your favourite commodity or currency against a basket of major currencies, each weighted by 20%. You can now e...

LMFX

March 26, 2019

What/when is the Value Date of currency exchanges?

For exchange contracts it is the day on which the two contracting parties exchange the currencies which are being bought or sold. For a spot transaction it is two business banking days forward in the country of the bank providing quot...

March 26, 2018

What are Major, Cross and Exotic Currency Pairs?

The first thing that you need to understand is what you are looking at when you see a currency pair. When you look at the currency table or are deciding to trade a pair you will see the symbols of the currencies available to trade. ...

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