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Category: glossary , Asked by: Noemi S. From United States

A: the "cooling degree day " is The number of degrees that a day's average temperature is above 65o Fahrenheit and people start to use air conditioning to cool their buildings. The price of weather derivatives trading in the summer are based on an index made up of monthly cooling degree day (CDD) values. The settlement price for a weather futures contract is calculated by summing a month's CDD values and multiplying by $20. To calculate the CDD, take the average of a day's high and low and subtract 65. For example, if the day's average temperature is 80oF, its CDD is 15. If everyday in a 30 day month had an average temperature of 80oF, the month's CDD value would be 450 (15 x 30). The nominal settlement value for its month's weather derivative contract would therefore be $9,000 (450 x $20).

Category: money , Asked by: Andres A. From Belgium

A: We think the best place for your purpose is "Saxo Bank". This foreign exchange platform is definitely superb, it fulfills the option look for. Anyone with AUD/RUB, USD/PKR or JPY/PHP (or any other preference you might have) and in the legal age is allowed to trade in this foreign exchange platform.

Category: glossary , Asked by: Kamden R. From East York, Canada

A: An additional personal allowance and additional married couple's allowance for people aged 65 to 74 which reduces their income tax. A further increase in age allowance is applicable for people aged 75 and over.

Category: glossary , Asked by: Ariel U. From Long Beach, United States

A: an "origination points " is A type of fee borrowers pay to lenders or loan officers in order to compensate them for the role they play in evaluating, processing and approving mortgage loans. Credit history is one factor that plays a role in the amount of origination points a borrower needs to pay. Unlike the other types of points (for example, discount points), origination points are not tax deductible. Typically, each single origination point represents 1% of the mortgage loan. For example, if you are borrowing $150,000 and the bank is charging you 1.5 origination points, you will end up paying $2,250 (or 1.5% of $150,000). Since the amount of origination points required to be paid is not set in stone, borrowers may be able to negotiate the amount of origination points that they pay.

Category: glossary , Asked by: Estefani A. From Ireland

A: Slang for Swiss Franc.

Category: platform , Asked by: Malachi L. From Monte-Carlo, Monaco

A: We believe "ForexWebTrader" is the place if you're looking for a site that has the greatest software - with brilliant graphics and the most advanced developments in an online real trading environment, this site is a great attraction for online traders from all over the globe. In addition, the download and installation of the system's program is truly accessible. The connection is rapid, you never break off even once in the middle of downloading, and it is easy to follow the instructions and start playing.

Category: glossary , Asked by: T. G. From Kitchener, Canada

A: the "european central bank " is the Central Bank for the new European Monetary Union.

Category: glossary , Asked by: U. Simon from United Kingdom

A: A slang term for traders who make rapid buy and sell orders, using the SOES system, in order to make a profit from small price changes. Since the SOES executes orders of 1000 shares or less immediately, an SOES bandit has a greater chance of profiting since the bid-ask spread is tight and prices are extremely accurate.

Category: glossary , Asked by: S. Q. From United Kingdom

A: The process of determining the value of a security by examining its numerical, measurable characteristics such as sales, margins and market share.

Category: glossary , Asked by: R. Evans from United Kingdom

A: "all-paper deal " is When one listed company bids for another company (listed or private), it may offer to pay in one of three ways: