FOMC

Trading Basics

FOMC

The Federal Open Market Committee is the branch of the Federal Reserve bank in charge of monetary policy decisions.

Other Trading Basics

Balance

A summarised financial result of all funds deposited in, and withdrawn from the customer’s account, and of all closed positions in that account.

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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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