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Tip of the Day

Tip of the Day Be Aware of Other Deductions

Be Aware of Other Deductions - As part of filing your income tax you need to educate yourself as far as what deductions are allowable. Each year the government...

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Foreign Exchange (FOREX)

Definition: The foreign exchange market is a 24-hour-a-day market where currencies are traded.

Advice: The FOREX ("FX") market is used by companies in nearly every country in the world.  In order to convert their currencies from country to country, they may make currency trades on the FOREX market.  They also may hedge against currency fluctuations.  Currency trading is also popular among speculators who try to predict exchange rate movements.

 

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Definition of the Day Syndicate Bid

Syndicate bid - A syndicate bid is a bid, which represents the highest price the syndicate member (member of a bank, brokerage, or investment bank) will pay for the securities trading on the National Association of Securities Dealers Automated Quotations (NASDAQ) exchange. A syndicate bid is entered just prior to...

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