Jamaica's Usain Bolt earned a double and claimed a record 10th gold medal with a convincing victory in the 200 meters on Thursday at the World Athletics Championships in Beijing, denying rival Justin Gatlin with a time of 19.55.
Foreign exchange markets facilitate the trade of one foreign currency for another. Most exchanges are made in bank deposits and involve U.S. dollars. Over a trillion dollars in foreign exchange trades take place every day; foreign exchange dealers handle most transactions.
The derivatives market is where these instruments are traded. Usually, the underlying assets used in derivatives are bonds, stocks, commodities, currencies, market indexes, and interest rates. The derivatives market is either for over-the-counter derivatives or exchange-traded ones. The OTC derivatives like swaps do not run through an intermediary while the exchange-traded derivatives, by its name, go through derivatives exchanges. The two groups are very different in terms of their legal nature and the manner by which they are traded.