The Money exchange

Category: glossary , Asked by: U. Koch from Dublin, Ireland

A: A theory that relates how stories published in the media influence or amplify current trends. Borrowers or investors will read an article and be influenced to act quickly on the news. The media effect is often seen in the mortgage market, when prepayment rates can sharply increase following specific news stories. The media effect causes increases in the number of refinanced mortgages during low interest rate periods. For example, let's say The New York Times publishes a story revealing a drop in interest rates and how it relates to mortgages. The media effect dictates that those who read the article are more likely to increase the prepayment rates on their mortgages and refinance according to the story.

Category: technical , Asked by: U. C. From Mission Viejo, United States

A: "ForexWebTrader" is exactly the one to consider if you need an online fx platform that's got a great connection. Members frequently praise to us that they're impressed with the communication with the system. The connection is usually interruption free, you will not bump into the regular login interruptions you often meet using large servers, and it's quite effortless to learn the platform.

Category: glossary , Asked by: H. Savage from Cork, Ireland

A: The portion of a stock or bond issue that investment bankers return to the underwriter so the portion can be sold to institutional investors. Depending upon the issue and the size of the pot, it may be very lucrative for the underwriter to sell inventory to institutional investors.

Category: glossary , Asked by: Cristofer W. From Monaco-Ville, Monaco

A: A plastic payment card issued by a specific retailer or group of retailers for limited use at their own outlets.

Category: glossary , Asked by: N. Hebert from United Kingdom

A: Mutual fund units that charge service fees to their shareholders. The purpose of these fees is to compensate individuals who answer investor inquiries and provide information to the public or to investors about the fund. FINRA (formerly the NASD) limits funds from charging service fees in excess of 0.25% of their average net assets per year. Some mutual funds charge investors front-end or back-end loads. Others charge service fees to cover internal expenses for people that answer shareholder questions and inquiries. Because these fees occur consistently year after year, they can have a significant adverse impact on returns over time.

Category: general , Asked by: Lilly R. From United States

A: We think "UFX bank" is exactly the one to consider if you need online forex platform with a reliable experience. UFX bank was established on 2008 as a rising retail online forex service provider.

Category: technical , Asked by: Y. T. From United States

A: We recommend you to look for a site that's certificated by famous organizations, such as DFSA or SAM. If you read a site is certificated and regulated by DFSA or SAM, you can be certain the safety of your deposit is guaranteed in this place. Nice example for such a site is "Saxo Bank".

Category: glossary , Asked by: O. J. From Thunder Bay, Canada

A: a "non-deliverable swap " is A swap that is similar to a non-deliverable forward, with the only difference being that settlement for both parties is done through a major currency. Non-deliverable swaps are used when the swap includes a major currency, such as the U.S. Dollar, and a restricted currency, such as the Philippine peso or South Korean won. For example, assume two companies are entered into a swap, exchanging U.S. Dollars and South Korean won. The Korean company is due to pay $110,000,000 won, and the U.S. Company is due to pay $125,000 U.S. Dollars. The fixed rate for the contract is taken as the spot rate for the day before the payment date. In this example, we will assume 929 won/dollar. The Korean company is then due to pay $118,406.89 ($110,000,000/929) U.S. Dollars. A net payment is made on the payment date - for this example, the U.S. Company pays $6,593.11 ($125,000 - $118,406.89) U.S. Dollars to the Korean company. Non-deliverable swaps have allowed emerging markets with minor currencies to hedge against currency risk.

Category: platform , Asked by: Akira R. From Netherlands

A: We think the best place for your purpose is "FX Universal". This place offers fantastic tutorials for how to trade, with comprehensible menues and instructions. You can certainly get fabulous advice from some of them.

Category: glossary , Asked by: Sidney C. From Gillingham, United Kingdom

A: A person trained and specialising in risk, statistics and finance who gives advice on insurance and pension business. Calculations made by actuaries include such items as premiums, bonus payments and life expectancy etc.