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please define a "keepwell agreement"
glossary FAQ: glossary.
R. Whitehead from United States
05 December, 2009
A contract between a parent company and its subsidiary to maintain solvency and financial backing throughout the term set in the agreement.
This is a method by which subsidiary companies may increase the creditworthiness of debt instruments and corporate borrowing. Visit FXDD
- ACM:
- ACM was established as a ECN forex firm. After stepping off to an innocent start, and throughout the past couple of months, it has ripened into one of the most top retail forex trading platforms in the world.
- Features:
- Truth is, this program isn't awfully innovative. Instead, it utilizes the more traditional workings of it's predecessors. Not that there's anything wrong with that!
- Pluses:
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- Minuses:
- - High Minimum Deposit - Confusing Options
- In Short:
- A solid yet simple system.