CLEARING CORPORATION
Organization working in an exchange, which handles confirmation, delivery, and settlement of transactions. Its main objective is to ensure transactions are done on time and in an efficient manner. Also called clearing firms or clearing houses.
POPULAR TERMS
Debt Financing
When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors ...
David M. Cote
The CEO and chairman and former president of Honeywell International. Cote achieved these positions in 2002, and since then has dealt with asbestos ...
Rafael Miranda Robredo
Rafael Miranda Robredo was born in Spain in 1949. He became Endesa’s CEO, a Spanish electricity company, in 1997. Before working for Endesa, ...
Spot Exchange Rate
Spot exchange rate is also referred to as ‘benchmark rates’, ‘southright rates’, and ‘straightforward rates’. I ...
Small Business Job Protection Act of 1996
The Small Business Job Protection Act of 1996 is a legislative act that hiked minimum wage, adjusted small business taxes, simplified pension rules ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 04:00 | Fixed Asset Investment | Feb | |
| 04:00 | Industrial production | Feb | |
| 04:00 | Retail Sales | Feb | |
| 04:00 | Unemployment Rate | Feb | |
| 04:00 | NBS Press Conference | ||
| 14:15 | Housing Starts | Feb | |
| 14:30 | Retail Sales | Feb | |
| 14:30 | NY Fed Empire State manufacturing index | Mar |
