Term of the day

Term of the day

Short Covering

Short Covering is the buying back of securities for the purpose of closing an open short position. Short covering means buying back the exact same securities that was sold short initially. This is allowed because the short-sale ...

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Finance for Individuals
Finance for Individuals
Explaining the Significance of Budgeting to Clients
Most people only resort to budgeting when they are already short on cash or undergoing a major transition. But this should not be the practice. Budgeting is for people of all ages and any situation or milestone in your life, such as buying a house and getting married, regardless of the current financial situation.
Financial Literacy
Financial Literacy
Does Age Matter in Financial Planning?
Many people believe age is nothing but a number. Speaking of age, does it matter when it comes to financial planning? A study entitled “The Age of Reas on: Financial Decisions Over the Life-Cycle with Implications for Regulation” looked into the life cycle patterns of financial mishaps using a database measuring several types of credit behavior[#ret].
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.
Taxation in Finance
Taxation in Finance
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: 3% for annual incomes ranging from $600 to $10,000, and 5% on incomes $10,000 and above.
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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