A Aggregate Risk Total amount of exposure a bank has with a customer for both spot and forward contracts. American Option An option which may be exercised at any valid business date through out the life of the option. Appreciation Describes a currency strengthening in response to market demand rather than by official action. Arbitrage A risk-free type of trading where the same instrument is bought and sold simultaneously in two different markets in order to cash in on the difference in these markets. Around Used in quoting forward "premium / discount". Ask Price Ask is the lowest price acceptable to the buyer. Asset In the context of foreign exchange is the right to receive from a counterparty an amount of currency either in respect of a balance sheet asset (e.g. a loan) or at a specified future date in respect of an unmatched forward Forward or spot deal. At Best An instruction given to a dealer to buy or sell at the best rate that is currently avail
Hello, Welcome to the world of Finance !! This blog has been created to share information on Finance, Accountancy, Investment Management and Economy. Do send in your suggestions and comments. For me its all about, "Improving Perfection" ~Happy Blogging!!