Currenex, Inc. is a New York based company that provides a platform for the electronic foreign exchange market providers. It focuses on connecting buy and sell side forex traders using the FIX protocol and other application programming interfaces. It prov
full story >>The New York Board of Trade (NYBOT), renamed ICE Futures US in September 2007, is a wholly owned subsidiary of IntercontinentalExchange (ICE). It is a physical commodity futures exchange located in New York City. It originated in 1870 as the New York Cott
Continue reading >>(Additional margins) A margin is collateral in the form of cash or securities deposited in an account that the holder of a position in securities has to deposit to cover the credit risk of brokers. A broker's demand on an investor using margin to deposit
Continue reading >>Mark-to-market or fair value accounting refers to accounting for the "fair value" of an asset or liability based on the current market price, or for similar assets and liabilities, or based on another objectively assessed "fair" value. Fair value accounti
Continue reading >>Practice of buying stock with money borrowed from the broker. In this arrangement, the investor makes a cash down payment (called the margin) with the broker and can purchase stocks worth about twice the cash amount. The broker charges interest on this lo
Continue reading >>Clearing reserve refers to the members for trading settlement in exchange for settlement account ready money, is not the amount of deposit contract. The minimum balance shall be formulated by the stock exchange settlement reserves.
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