Get into Currency rates!

Category: glossary , Asked by: Jenna O. From Santa Clara, United States

A: "retirement relief " is A special relief for Capital Gains Tax purposes which applies when an individual aged 55 or over disposes of his business or an interest in a business.

Category: glossary , Asked by: X. D. From Monaco

A: the "tight monetary policy " is A course of action undertaken by the Federal Reserve to constrict spending in an economy that is seen to be growing too quickly, or to curb inflation when it is rising too fast. The Fed will "make money tight" by raising short-term interest rates (also known as the Fed funds, or discount rate), which increases the cost of borrowing and effectively reduces its attractiveness. The Fed can sell Treasuries on the open market in order to absorb some extra capital during a tight monetary policy. This effectively takes capital out of the open markets as the Fed takes in funds from the sale with the promise of paying the amount back with interest. The Fed will often look at tightening monetary policy during times of strong economic growth.

Category: technical , Asked by: H. R. From Ireland

A: We recommend you to go for "FX club" - certificated by ice, cme, and in addition nymex, you can by far trust the safety of your financial details is guaranteed in this one.

Category: glossary , Asked by: H. Arnold from East York, Canada

A: a "redeposit " is 1. The requirement for a person to reinvest a certain amount of money into their retirement fund after he or she previously requested and obtained a return on the deposits made to the fund during a set time period, in order to receive a certain payout from the fund upon retirement. 2. A cash management policy used by the Bank of Canada, where money is transferred from the central bank to the chartered banks. 1. If an employee is eligible at anytime to request a refund on the contributions made to a retirement fund, they will have to redeposit back into the fund at some point to retain the level of retirement pay they're due to receive before receiving the refund and to maintain the age at which they are eligible to retire. This repayment is referred to as a redeposit service. 2. By transferring money to the chartered banks, there is an injection of funds into the money supply. The purpose of increasing the money supply by a redeposit is to prevent interest rates from climbing too high.

Category: glossary , Asked by: Jay X. From Belgium

A: The perception that a firm's attempt to raise capital by selling equity or debt through a private or public offering is an act of desperation. When a company's management overshops a financing deal, it leaves investment banks, bridge financiers, lenders and private equity groups wondering why they should be the ones to take on the risk of financing a project that others have rejected. The more rejections a company receives in trying to set up a financing deal, the closer it comes to being overshopped. Financiers closely scrutinize all financing deals, but overshopped deals receive extra scrutiny because more rejections imply a greater likelihood that the terms of the deal are flawed. Thus, financiers avoid overshopped deals. Even if there isn't anything wrong with a company that has been overshopped, repeated rejection tends to hurt the company's reputation. Overshopping can occur at various stages in the financing process and may involve parties that are not even capital financiers; the opinions of accountants, lawyers and insurance companies also count.

Category: glossary , Asked by: Alyssa Q. From Geneve, Switzerland

A: A mortgage plan in which a borrower's mortgage is structured like a checking account, where paychecks are deposited directly into the mortgage account and the mortgage balance is reduced by that amount. As checks are written against the account during the month, the mortgage balance rises. Any amount deposited in the account that is not withdrawn through the check-writing process is applied to the balance of the mortgage at the end of the month as repayment of principal. The potential benefits of the CMG mortgage plan are that when the paycheck is deposited in the account, it reduces the average monthly outstanding principal balance of the mortgage on which interest is charged (interest accrues daily under the plan) even if that principal balance at the end of the month is equal to what it was at the beginning of the month. The plan also assumes that a minimum of 10% of the paycheck remains in the account at the end of the month to permanently reduce the principal balance of the mortgage. A 10% rate of savings results in a greater monthly reduction of principal than is required under a traditional 30-year amortizing mortgage. As a result, the term of the mortgage is substantially shorter, and additional interest charges are saved. The potential drawbacks of the CMG mortgage plan are that it might carry a higher interest rate than more traditional mortgages, and that a borrower can accomplish the same early retirement of principal by making unscheduled principal payments on a traditional amortizing mortgage.

Category: platform , Asked by: Braulio L. From Cork, Ireland

A: If you look for a forex site that offers the greatest manuals for first-timers, we suggest you to explore "FX Universal" - this site provides interesting fx schools for first time users, with easy to follow options and instructions. You can surely catch up some of them.

Category: platform , Asked by: C. X. From Laval, Canada

A: We recommend you to explore "ODL Securities Inc.". Their platform supports more than 5 different languages. If you prefer Russian or English (and many other languages), "ODL Securities Inc." enables easy and efficient execution with its multilingual interface.

Category: glossary , Asked by: Sheyla J. From Saint Catharines, Canada

A: A trading band composed of two moving averages, one of which is shifting upwards and the other shifting downwards. These trading bands are used by technical analysts to define a stock's upper and lower boundaries. Signals to sell occur when the stock price reaches the upper band, and buy signals are generated when the price reaches the lower band. The reasoning behind the sell and buy signals is that stock prices tend to bounce off the bands. Even though buyers and sellers will temporarily pressure a stock's price to its extremes, it should re-stabilize to more realistic levels found within the envelope.

Category: platform , Asked by: M. M. From Ireland

A: We think "Global Forex Trading (GFT)" is exactly the place for that. The design is really great looking and the fx trade platform is completely a realistic one. In addition, downloading and installing the site's program is easy. The connection is disturbance free, and it is no trouble to learn and start playing.