Currency Cross

Trading Basics

Currency Cross

The rate to exchange two currencies.

Other Trading Basics

Bearer Stocks

Ownership of shares is typically held on a register.

The owner of bearer shares do not get registered, instead they must possess the certificate the prove ownership.

Keep them safe.

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Basis Point

A basis point is 0.01% and is typically used when quoting interest rate changes.

A move of 0.25% is described as 25 basis points.

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