04-05-2012, 04:22 PM
Foreign Trading System
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ABSTRACT
The practice of currency trading is also commonly referred to as foreign exchange, Forex or FX for
short. All currency has a value relative to other currencies on the planet. Currency trading system
uses the purchase and sale of large quantities of currency to leverage the shifts in relative value
into profit. The online Foreign Currency Trading system is almost entirely a "spot" market. A
"spot" market means that the trading is made immediately or "on the spot". The settlement of those
Foreign Currency Trading spot transactions is made within two working days.
List of figures:
· Use case diagram
· Activity diagram
· Class diagram
· Domain model
· Interaction diagram
· State chart diagram
· Package diagram
· Component diagram
· Deployment diagram
List of tables:
· Account details
· Renew details
· Cancellation details
INITIAL PHASE
Background to the Study
· Market fluctuation.
· Profit and loss.
· Overall performance.
1.2 Objective
1.2.1 General Objectives
To develop a Foreign Trade System.
Specific Objectives
· Foreign Trade system is used for faster online access by the users.
· To show how currency future covers ground in comparison with other
available derivative instruments and to provide awareness in market and attract
the investors.
Scope of project
· The online Foreign Currency Trading system enables you can have 24 hour
updates of your investment in currency from the convenience of your own
home.
· The Foreign Currency Trading system involves no exchange fees,
commissions and payments of that sort.
· The margin and leverage trading allows you to increase your earnings by up to
100 times more than regular currency trading. This means larger profits and
can benefit some investors.
· Currency Converter gives you accurate and instant foreign currency
conversions.
· The options are varied for minimum currency trading investments. There is
also mini account where with a very small initial investment in a leveraged
foreign currency, you can reach a high reward through minimal risk.