LARGE VALUE TRANSFER SYSTEM - LVTS
An electronic wire payment system in Canada that lets financial institutions and their clients to send large funds in real time, including the Bank of Canada. Launched in 1999, it can perform fast transactions for banks and their customers. But the transaction is final and irrevocable once it is sent through their system. This type of system avoids fraud, insufficient funds, and stop payments, as well as to close short and long positions.
POPULAR TERMS
Bilateral Tax Agreement
A bilateral tax agreement can improve the relations between two countries, encourage foreign investment and trade, and reduce tax evasion. Arrangem ...
Dow Jones Sustainability United States Index
Market capitalization-weighted index encompassing US-based firms in the Dow Jones Sustainability North America Index, comprised of the leading 20% ...
Sample
Sample is a subset consisting of the characteristics of a larger population.
Weak Longs
Weak Longs refer to a group of investors holding a long position and exits that position once the first sign of weakness appears.
Basis Grade
To be applied as the absolute of a futures contract, the basis grade is the least possible acknowledge standard that a transferable goods must meet ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Fixed Asset Investment | Apr | |
| 04:00 | Industrial production | Apr | |
| 04:00 | Retail Sales | Apr | |
| 04:00 | Unemployment Rate | Apr | |
| 04:00 | NBS Press Conference | ||
| 10:00 | Trade Balance | Mar | |
| 16:00 | NAHB Housing Market Index | May | |
| 22:00 | TICS | Mar | |
| 00:45 | Producer Price Index | 1 quarter |
