What is a central bank

Trading Basics

What is a central bank?

A central bank or monetary authority is a monopolised and often nationalized institution given control over the distribution of money and credit.

Other Trading Basics

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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Broker

Provides access to the financial markets for traders.

Brokers come in all shapes and sizes.

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