Browse through foreign exchange brokers like Interbank FX and ODL Securities Inc.. Focus on fast downloads, a customer support service or a gadget compatible interface; monitored by OSC(CA), BAFIN(DE), FSA(JP) and NFA(US), for Svenska, Russian, Português, Chinese or Arabic speakers.
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Q: do you know what the "reporting currency" is?
Category: glossary
, Asked by: Irvin N. From Luxembourg, Luxembourg
A: The currency used in published reports and financial documents.
All annual and quarterly reports state the currency in which their results are listed. This is particularly important for companies that issue American depositary receipts (ADRs) which sometimes report earnings in a foreign currency, leaving investors with the task of doing the conversions.
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Q: please tell me what a "tradable instrument display mnemonic" is
Category: glossary
, Asked by: Arianna T. From Vaduz, Liechtenstein
A: the "tradable instrument display mnemonic " is A mnemonic code allocated by the London Stock Exchange and used to identify a tradable instrument. Used to be called an EPIC code.
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Q: please tell me what the "make whole call" is
Category: glossary
, Asked by: Allison E. From United States
A: A type of call provision on a bond allowing the borrower to pay off remaining debt early. The borrower has to make a lump sum payment derived from a formula based on the net present value (NPV) of future coupon payments that will not be paid because of the call.
A make whole call will be defined in the indenture. The issuer doesn't expect to have to use this type of provision, but if the issuer does, investors will be compensated, or "made whole." Because the cost can often be significant, such provisions are rarely invoked.
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Q: Would you help a guy who needs a site that has enhanced manuals for foreign exchange trading 'how to trade'?
Category: platform
, Asked by: Y. V. From Netherlands
A: We recommend you to try "etoro.com". They give great guides for first time users, with great menues and instructions. You can absolutely get a head start researching them.
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Q: please tell me what an "early redemption" is
Category: glossary
, Asked by: V. K. From Dublin, Ireland
A: Most fixed, capped and discounted mortgages, and those offering cash incentives, impose a financial penalty on customers who redeem their mortgages before the special deal comes to an end. This may be a percentage of the total advance, the sum repaid or t
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Q: please tell me what a "quote currency" is
Category: glossary
, Asked by: L. D. From Corona, United States
A: "quote currency " is The second currency quoted in a currency pair in forex. In a direct quote, the quote currency is the foreign currency. In an indirect quote, the quote currency is the domestic currency.
Also known as the "secondary currency" or "counter currency".
Understanding the quotation and pricing structure of currencies is essential for anyone wanting to trade currencies in the forex market. If you were looking at the CAD/USD currency pair, the U.S. Dollar would be the quote currency, and the Canadian dollar would be the base currency.
Major currencies that are usually shown as the quote currency include the U.S. Dollar, the British pound, the euro, the Japanese yen, the Swiss franc and the Canadian dollar.
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Q: please tell me what a "sterling" is
Category: glossary
, Asked by: B. Hammond from United States
A: The currency of the UK (the UK pound).
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Q: I am looking for the greatest foreign exchange trading platform. Which one should I pick?
Category: general
, Asked by: P. V. From United States
A: If you're interested in a fantastic foreign exchange trading platform, you should definitely head for "Dukascopy". Their support team is ideal, they give the impression they're absolutely professional, and also very polite. Its site supports lots of different languages. The site is enabled in many languages, such as Spanish, Arabic, Chinese or French. Downloading and installing the forex trading program is elementary. The communication is flowing, and it's simple to follow the instructions and start playing. In addition, certificated by ARIF "Dukascopy" is one of the safest foreign exchange trading platforms around.
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Q: please define a "certificate of origin - cO"
Category: glossary
, Asked by: Valery L. From United Kingdom
A: the "certificate of origin - cO " is A document declaring in which country a commodity or good was manufactured. The certificate of origin contains information regarding the product's destination and country of export and is required by many treaty agreements before being accepted into another nation.
Trade restrictions, tariffs, embargoes and duties can all be affected by the certificate of origin. Because some nations limit or ban imports from certain countries, all incoming goods would be required to have a CO. To encourage imports from specific nations, governments may lower the duty on goods if accompanied by a CO from those countries.
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Q: please define "income risk"
Category: glossary
, Asked by: I. W. From Canada
A: The risk that the income stream paid by a fund will decrease in response to a drop in interest rates. This risk is most prevalent in money market and other short-term income fund strategies, rather than longer term strategies that lock in interest rates. This is an extension of the interest rate risk on an individual bond.
The following example demonstrates the income risk in a short-term, fixed-income fund. If interest rates are 5%, the money market fund will pay out 4.75%. However, if interest rates suddenly drop to 2%, the fund's payout will have to drop to around 1.75% because it will be reinvesting its funds at the new rate.
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