INTRODUCING BROKER - IB
An individual or business that gives advice to a clients but entrusts the work of the floor operation and trade execution to another futures merchant. In other words, he does not handle transactions. Usually, the merchant firm is a close partner of the IB. The IB and merchant firm divide the fees and commissions based on their agreement.
POPULAR TERMS
Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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How do you want to live?
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