midterm Flashcards
(43 cards)
also known as fx spot, is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date
foreign exchange spot
is the trading of one currency for another
foreign exchange (forex)
is the largest, most liquid market in the world, with trillions of dollars changing hands everyday.
forex market
is a global market for exchanging national currencies with another.
foreign exchange (forex or fx)
is an individual or firm that acts as intermediary between an investor and a securities exchange.
broker
-a person who deals between two parties.
-generally never buys or sells stocks himself, being instead the middleman between the investor and the market
broker
he is usually on the other side of the trade and you will be buying or selling
dealer
a stock typically refers to the stock of a small company that trades for less than 5$ per share.
penny stocks
they are working for banks and tend to specialize in one or more of asmall group of closely related currency pairs
fx dealers
is a danish investment bank specialize in online trading and investment
saxo bank
is a uk based financial services company that offers online trading in shares, spread betting, cfds, and foreign exchange across world markets.
cmc markets
is any variety types of wagering on the outcomes of an event where the pay off is based on the accuracy of the wager….
spread betting
is the wagering something of value
gambling
in finance, it is a contract between two parties, typically describe as buyer and seller
contract of difference (CFD)
-dedicated forex broker, regulated in muliple countries.
-founded in 2001 as part of GAIN capital holding
forex.com
-is regulated in several countries and provides simple spread-based pricing on currency trades
-co-founded by dr.Stumm and dr. olsen in 1996
oanda
is the currency price level in the market to directly exchange the currency for another, for delivery at the earliest possiblevalue date
spot exchange rate
refers to the day when a spot transaction is typically settled, meaning when funds involved in the transaction are transferred
spot date
is an international market in which banks take deposits and make loans in range of currencies outside the home country…
eurocurrency market
is a financial market within a given country for products and services.
domestic market
is defined geographically as a market outside the international borders of a company’s country of citizenship
international market
are short-term negotiable securities or financial instrument issued in their domestic money markets by gov. and are fully backed up by government
treasury bills
is the nominal or face value of a bond, share of stock, or coupon as indicated a bond or stock certificate.
par value
the investor agrees to accept the discount rate determined at
auction.
non-competitive bid