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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.

Back office

The financial hub, also known as the department responsible for overseeing the processing of monetary transactions, is a crucial component of any organization. It is the cen...

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Market-maker

In the world of finance, a market maker is a crucial player that provides liquidity by offering bids and offers to buy and sell securities. They act as intermediaries, ensur...

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Counter Currency

, it represents the value of the currency that is being quoted. In the world of finance, it is important to understand the concept of Counter Currency. This refers to the sec...

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PIPS

Currency prices are subject to small fluctuations, which are measured in PIPS or percentage in point. PIPS represent the fourth decimal point of a price, typically equivalen...

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