MONEY MARKET ACCOUNT
An interest-bearing account that usually pays a higher interest rate than a savings accounts, as well as it gives the account holder a limited check-writing ability. It offers benefits normally seen both in savings and checking accounts. This account is likely to require a bigger balance than a savings account, and FDIC insured.
Also called money market deposit account (MMDA).
POPULAR TERMS
One-Cancels-the-Other Order - OCO
A pair of orders specifying that once an order is executed, the other is automatically cancelled. OCO combines limit and stop over an automated tra ...
Big Three
Term used in for General Motors, Chrysler and Ford. The three largest automobile manufacturers in North America.
The three manufacturers ...
SIX Swiss Exchange
SIX Swiss Exchange is the primary stock exchange of Switzerland and is among the top 20 major stock exchanges of the world. it is located in Zurich ...
Offshore Portfolio Investment Strategy - OPIS
A tax shelter product designed to create large, apparently real losses to be used for tax sheltering. This tax shelter includes making a shell comp ...
Due Diligence Meeting
Meticulous probe conducted by an underwriter, ensuring all details has been revealed to prospective investors before issuing a new security.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:15 | Producer & Import Prices | ||
| 13:10 | BOJ Deputy Governor Masayoshi Amamiya Speaks | ||
| 17:30 | Retail Sales | ||
| 17:30 | Empire State Manufacturing Index | ||
| 22:15 | FOMC Member Raphael W. Bostic Speaks | ||
| 06:30 | Monetary Policy Meeting Minutes | ||
| 07:00 | Industrial Production | ||
| 13:30 | Claimant Count Change | ||
| 17:30 | Building Permits |
