CENTRAL AFRICAN CFA FRANC - XAF
Currency of six independent states in Central Africa, which uses both coins and banknotes. Regulated by the Bank of Central African States, the franc is divided into centimes. Members include Cameroon, Central African Republic, Chad, Congo, Equatorial Guinea, and Gabon. CFA stands for Communatué financière d'Afrique or African Financial Community in English.
POPULAR TERMS
30-Year Treasury
Debt obligation with 30-year maturity. Offered by the US Treasury, it used to be the bellwether US bond. But today, many consider the 10-year Treas ...
Debit Spread
Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the low ...
Buck the Trend
Situation in which the price of a security or a class of assets moves in the opposite direction of the broad market, industry, or its competition. ...
Zomma
Zomma is a third-order Greek that measures the change in gamma in connection with the changes in the underlying asset’s volatility. It is als ...
Rising Bottom
A chart pattern that is characterized by trading periods where the bottom of the price bars rise over time. A rising bottom views as a sign o ...
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Principles of Trading: Well Known Trading Instruments
Traders look at two primary factors when choosing the instruments they desire to trade: liquidity and volatility. Liquidity is the extent to which ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
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