KNOW YOUR CLIENT - KYC
A standard policy in the financial industry that requires brokers to know detailed information about the risk appetite, investment knowledge, and financial position of their clients. It aims to protect both clients and investment advisors. Clients are protected because their investment advisor will know what investments best suit their personal conditions. Investment advisors are secured by determining what they should and should not include in their client's investment portfolio.
POPULAR TERMS
Confusion of Goods
Mixture of similar products or properties of two or more parties, to the extent where identifying each party’s respective items is not possib ...
Privatizing Profits And Socializing Losses
A phrase which describes how businesses and individuals can successfully benefit from any and all profits related to their line of business, but av ...
Trial Balance
Bookkeeping worksheet accounting all debit and credit balances at the end of each reporting period. A firm prepares this worksheet monthly to ensur ...
Help-Wanted Index - HWI
The U.S. job market index, published monthly by the Conference Board that monitors the number of help wanted advertisements in major newspapers acr ...
Certified Financial Divorce Practitioner - CFDP
Professional designation awarded to individuals expert in the financial aspects of divorce. The practitioner explains the financial indications of ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 11:00 | Trade Balance | Jul | |
| 11:00 | Current Account (sa) | Jul | |
| 14:30 | Manufacturing Shipments | Jul | |
| 14:30 | NY Fed Empire State manufacturing index | Sep | |
| 06:30 | Tertiary Industry Index | Jul | |
| 11:00 | ZEW Survey (Econ. Sentiment) | Sep | |
| 11:00 | ZEW Economic Sentiment | Sep |
