Medi Assist Healthcare IPO

Home Currency

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Currency

Spot price

A key concept in finance is the spot price of a currency, which refers to its current market value. This value is typically determined by the forces of supply and demand and is used for transactions that settle within 2 business days. However, for the US Dollar and the Canadian Dollar, settlement occurs within just 1 day. Understanding the spot price is crucial for navigating the world of finance.

Price transparency

Market transparency refers to the level of visibility and accessibility of market information for all individuals and entities involved. It allows for a fair and efficient m...

More

Base interest rate(benchmark interest rate)

Let's delve into the concept of a "prime rate," shall we? This rate, established and released by commercial banks, serves as the base for calculating the interest on various...

More

Pending order

A limit order is a request made by a client to initiate a trade when the market price reaches a specified level. This allows the client to control their entry point and pote...

More

Base Currency

In the realm of finance, we often come across the term "base currency" when discussing currency pairs. In simple terms, the base currency is the first currency listed in a p...

More