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History of Futures Exchanges(0)

September 10, 2009

The origins of futures trading can be traced to Ancient Greek, in Aristotle’s writings. He tells the story of Thales, a poor philosopher from Miletus who developed a “financial device, which involves a principle of universal application.” Thales used his skill in forecasting and predicted that the olive harvest would be exceptionally good the next [...]

History of Futures Exchanges

Forex Glossary, Special Code Abbreviations

In banking practice there are special code abbreviations: for example, the exchange rate for dollar against yen refers to USD/JPY, British pound against US Dollar to GBP/USD. The first currency is referred to as the base currency and the second as quote currency:
USD / JPY = 120.25
Base currency Quote currency Rate
This abbreviation specifies [...]

What is CFD (Contracts for Difference)?

Contracts for Difference or CFDs (derived from the English term “Contracts for Difference) are becoming more popular every day. The growing popularity of the service is explained as follows:
The possibility of taking a short position. Contracts for Difference suit bassists investors who prefer to take short positions. Previously, only professional investors could exploit. Appearing [...]

Simple Forex Trade Trick

For those of you who want to Forex but do not have much time to consider all-day chart, there are some trick Forex transactions that may be useful for you to get a profit / benefit. Remember! Trick is only an assumption that this level of success is different for each of the Forex currency [...]


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