BARINGS BANK
A British merchant bank which was established in 1762, and was acclaimed as the most stable and largest bank in the world for centuries. In 1995, Barings bank which was taken as oldest bank in Britain crumbled after not being able to meet the cash requirements after an unauthorized speculative trading in derivatives at its branch in Singapore by then-trader Nick Leeson.
POPULAR TERMS
Short Leg
Short Leg is a contract where an individual holds a short position. The contract is in the option spread created by the trader by purchasing a put ...
Borrowing Base
Money a lender will loan to a company. The borrowing base is usually determined by a method called margining, where the lender determines a discoun ...
Swaziland Lilangeni
Currency abbreviation for the Swaziland Lilangeni, the official currency of Swaziland. The currency is comprised of 100 cents and presented with th ...
Deposit/Withdrawal At Custodian - DWAC
A method of electronically transferring new shares or paper share certificates from the Depository Trust Company (DTC), which acts as a clearinghou ...
Economic Stimulus
Plans to financially stimulate an economy. It implements monetary or fiscal policy changes to bolster a lagging or struggling economy. Governments ...
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SEE FOREX TUTORIAL
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Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
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Buying a Home: Everybody’s Goal
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How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
