EXCHANGE OF FUTURES FOR CASH
Method in which opposite parties of a futures contract with underlying cash commodities aim to close out positions simultaneously. Also called exchange for physicals (EFP).
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Lobby
Act of attempting to exert an influence (i.e. lobbying); a group of like-minded people that attempts to influence an authoritative body in their fa ...
Douglas Amendment
Amendment to the Bank Holding Act of 1956, preventing banks from acquiring banks throughout various states. But a bank can seek exception to the ru ...
Lilly Ledbetter Fair Pay Act
A law signed by the US Congress, which restored worker protections against pay discrimination. Signed under the Obama administration on January 29, ...
Generation-Skipping Trust
Legally binding trust agreement passing the contributed assets to the grantor’s grandchildren, not his children, upon the grantor’s dea ...
Net Change
Net change is the difference between the closing price of a security on one trading day and the closing price of the previous day. It may either be ...
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SEE FOREX TUTORIAL
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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02:30 | PMI Manufacturing | Dec | |
10:00 | KOF Economic Barometer | Dec | |
10:00 | CPI | Dec | |
16:45 | Chicago Purchasing Managers Index | Dec | |
17:00 | Pending Home Sales | Nov | |
03:30 | PMI Manufacturing | Dec | |
03:30 | Non-Manufacturing PMI | Dec | |
16:00 | House Price Index | Oct | |
03:45 | Markit Final Manufacturing PMI | Dec |