Friday 4 April 2008

Foreign Exchange Terms

Arbitrage
Simultaneous sale and purchase of identical or equivalent financial instruments or commodity futures to benefit from a discrepancy in their prices.


Bank Of England
UK Central Bank


Bank Of Japan
Japan's Central Bank


Contract
1) Unit of trading for a financial or commodity future.


2) Bilateral agreement between buyer and seller (parties) of a futures or options on futures transaction. Defined by the exchange.


ECB
European Central Bank


Fiserv
provider of technology solutions for the financial and insurance industries.


FXall
Foreign exchange platform


Samurai Bond
A yen bond from a foreign company issued in Japan

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