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Term of the day

ABX Index

A financial benchmark which is intended to measure the mortgages' overall value made to borrowers with weak credit or subprime. The ABX index employs credit default swap contracts to derive the overall value which is made u ...

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Finance for Individuals
Finance for Individuals
Road to Becoming a Managing Director
It takes a bachelor’s degree, a two-year internship, an MBA program, and at least an excellent work experience to become a managing director in a bank. An average investment banker works betw een 90 and 119 hours a week, equivalent to more than 16.
Financial Literacy
Financial Literacy
How to Reduce Taxes on Separation Payment
Losing your means of livelihood unexpectedly is clearly bad news for everyone, especially given the expensive costs of living nowadays. Fortunately, companies now offer what is known as severance p ackage, which are benefits given to an employee as he exits the workplace.
Money Smart
Money Smart
Contingencies in Real Estate Contracts
Appraised Contingency This contingency protects the buyer to ensure the property is estimated at a minimum, indicated amount. If the property is not valuated for at least the specified amount, the transaction is closed and the money is given back to the buyer.
Special Features on Finance
Special Features on Finance
Best Trading Terminal
The best trading terminal   Are you looking for the best forex trading platform? Below you will find an in depth review & rating of the most popular tr ading platforms, including MT4, MT5, Currenex, ActTrader, droidTrader, iPhone and Android trading apps.
For Beginners
For Beginners
Glossary. The Major Forex Market Terms.
Forex Foreign Exchange – a term meaning conversion operations – deals of currency market agents of exchanging the specified amounts of one country currency to another one at a negotiate d price for a certain date.
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