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Currency

New York Stock Exchange(NYSE)

The New York Stock Exchange, commonly known as NYSE, is a prominent stock exchange in the United States. It was established in May 1792 and is home to the popular Dow Jones index as well as the NYSE Composite index. These indices are important indicators of the overall performance of the stock market and are closely monitored by investors and analysts alike. As a finance professor, I believe it is vital to understand the significance of NYSE in the world of finance.

Overnight

An open position refers to a trade that has not yet been settled and is carried over to the next day. This can occur when a trade is initiated towards the end of the trading...

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Direct quotation

When discussing foreign exchange rates, it's important to understand the concept of quoting in fixed units of foreign currency against variable amounts of the domestic curre...

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FX

Foreign exchange, also known as forex or FX, refers to the conversion of one currency into another. It is a vital aspect of international trade and finance, as countries wit...

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Fill price

When a trade is made, it is done at a certain price, which is known as the execution price. This refers to the specific value at which a buyer and seller agree to exchange a...

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