MUTUAL EXCLUSION DOCTRINE
A reciprocal agreement between federal and state and local taxing bodies that mandates mutual exclusion in taxation. The interest earned on federal debt is tax-free at the state or local level. Also, any debt released by a state or local government is free from federal taxation.
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Fat Finger Error
An error caused by pressing the wrong computer key to input data. This error is usually harmless but may sometimes have significant consequences if ...
Distribution Yield
Amount of income received or paid out by an annuity, real estate investment trust (REIT), or other income paying instruments. It is determined by d ...
Retention Bonus
A reward given to an employee that serves as an incentive to keep that key employee on the job during a significant business cycle, like a merger o ...
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 mercha ...
Municipal Securities Rulemaking Board - MSRB
A board that protects investors, municipal entities, and public interest by creating investing rules and policies in order to avoid false and manip ...
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SEE FOREX TUTORIAL
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
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A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | ANZ Jobs Advertisements | Dec | |
| 10:00 | SECO Consumer Confidence | Dec | |
| 11:30 | Sentix Investor Confidence | Jan | |
| 20:01 | 10-y Bond Auction | Jan | |
| 23:00 | NZIER Business Confidence | 4 quarter | |
| 01:00 | FOMC Member John C. Williams Speaks | ||
| 01:30 | Westpac Consumer Sentiment | Jan | |
| 01:50 | Bank Lending | Dec | |
| 01:50 | Current Account | Nov |


