LOCAL EXCHANGE TRADING SYSTEMS
A locally initiated and organized economic organization, which allows members to partake in exchanging goods and services, among others. It uses a locally created currency as denominations of units of value that can be bartered or traded in exchange for products and services. LETS members usually view the systems as cooperative and organized system, which maximize purchasing power while benefiting members and the community.
In Toronto Canada, it is called Local Employment and Trading System; while in New South Wales, Australia, it is known as Local Energy Transfer Systems.
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Available Funds
Funds which are available for withdrawal or other usage of the account holder. This may contain funds from a line of credit or an overdraft facilit ...
DI
An insurance product providing supplementary income in case an illness or accident occurs and then results in a disability preventing the insured f ...
Carrying Broker
Commodities or securities broker who offers back office functions including clearing, custodial, and settlement services to customers or other brok ...
Core Capital
Minimum amount of capital a thrift bank must have, in compliance with the Federal Home Loan Bank regulations. It is comprised of equity capital and ...
Official Committee Of Equity Security Holders
This is usually a small group of the largest shareholders. They are formed to represent other shareholders all through the company’s bankrupt ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Nov | |
| 13:00 | Bundesbank Monthly Report | ||
| 17:00 | NAHB Housing Market Index | Nov | |
| 17:30 | Leading Index (Conference Board) | Sep | |
| 19:00 | FOMC Member Loretta Mester Speaks | ||
| 23:00 | TICS | Sep | |
| 23:45 | Producer Price Index | 3 quarter | |
| 00:00 | RBA Assistant Governor Christopher Kent Speaks | ||
| 02:30 | Monetary Policy Meeting Minutes |
