ABOUT
Browse through foreign exchange providers such as Finexo Ltd., NordMarkets or FX Universal; each broker having a fast downloads, a customer support line, twenty four seven access and educational courses; regulated by CFTC, FSA(JP), FSA(GB) or NFA(US). For francais, chinese, espanol or arabic speakers.
do you know what "event driven strategy" is?
glossary FAQ: glossary.
F. J. From Switzerland
24 November, 2009
the "event driven strategy " is A hedge fund strategy in which the manager takes significant positions in a certain number of companies with "special situations."
These "special situations" could include distressed stocks, mergers, takeovers, big news stories, and the like. Visit Saxo Bank
do you know what a "leprechaun leader" is?
glossary FAQ: glossary.
C. N. From Ireland
11 May, 2009
the "leprechaun leader " is A corporate manager or an executive who, like the fabled Irish elf, is a mischievous and elusive creature said to possess buried treasures of money and gold.
According to Irish folklore, the location of hidden treasure is revealed only when the leprechaun is caught. In the case of a leprechaun leader, the "buried treasure" is not usually buried, but rather in a protected offshore account!
Examples of leprechaun leaders are the executives of Enron, who stowed away millions of dollars until they were finally caught.
Also spelled "Lepre-con Leader". Visit FX Solutions
do you know what "revocable trust" is?
glossary FAQ: glossary.
Z. M. From Ireland
15 September, 2009
A trust whereby provisions can be altered or canceled dependent on the grantor. During the life of the trust, income earned is distributed to the grantor, and only after death does property transfer to the beneficiaries.
Also referred to as a "revocable living trust".
This type of agreement provides flexibility and income to the living grantor; he or she is able to adjust the provisions of the trust and earn income, all the while knowing that the estate will be transferred upon death. Visit FX club
please define "chartist"
glossary FAQ: glossary.
M. C. From Haag, Netherlands
08 June, 2009
a "chartist " is An individual who uses charts and graphs and interprets historical data to find trends and predict future movements. Also referred to as Technical Trader. Visit Dukascopy
what is the "flexible payment aRM"?
glossary FAQ: glossary.
V. T. From United States
11 May, 2009
a "flexible payment aRM " is A type of adjustable-rate mortgage that allows the borrower to select from four different payment options each month: a 30-year, fully amortizing payment; a 15-year, fully amortizing payment; an interest-only payment or a "minimum payment".
Flexible payment ARMs are also known as "payment option ARMs".
Flexible payment ARMs are popular in high-cost areas during times of rising home prices. Borrowers who chose to make the minimum payment option care little about the amount that is added to their mortgage balances through negative amortization as it is easily eclipsed by the rising value of their homes. This is a risky strategy. A past history of rising home values should not be used to project future home values. Visit FXCM