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Two major segments of the foreign exchange market

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What are the two major segments of the foreign exchange market, and what types of foreign exchange instruments are traded within these markets?

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The two major segments of the foreign exchange markets are determined.

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Major Segments of Foreign Exchange Market:

Foreign exchange is the exchange or a process of converting one country's currency into that of another country. This is done in a foreign exchange market where the rate at which a currency is traded or exchanged for another is called an exchange rate. The foreign exchange market has two segments namely spot market and forward market. The spot market is a form of exchange market that is used in developing and emerging market ...

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