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Currency

Margin account

A leverage account enables traders to purchase assets on credit and borrow against the currencies held in the account. However, the terms and conditions for credit and borrowing are determined by the firm managing the account. Interest is applied only on the amount borrowed and for the duration of the loan.

European Currency Unit (ECU)

The European Currency Unit (ECU) was utilized by the European Monetary System for almost two decades, from 1979 to 1998. This unit served as the monetary standard for the Eu...

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Foreign exchange risk

Foreign exchange risk refers to the possibility of an investor's position in a foreign currency losing value due to fluctuations in the exchange rate. This can occur when th...

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Sterling

It is the oldest currency in continuous use, dating back to the Anglo-Saxon era. The sterling, the currency used in Great Britain, has a rich history dating back to the Ang...

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Hedged margin

In the world of finance, we often come across the term 'margin'. It refers to the monetary guarantee that a dealer requires from a client to maintain an open or locked posit...

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