Tag: banks

  • Investing

    Swaps

    “Contracts for Difference” are popularly known as “swaps”, with the most common types being Equity Swaps and Interest Rate Swaps. All contracts for difference have as their basis an exchange between two parties that allows each party to realize a benefit, not necessarily a profit, from the exchange. It may be that one party seeks to reduce their level of risk engendered by their ownership of ...

  • Europe

    Macedonian Stock Exchange

    The Macedonian Stock Exchange was founded in 1995 as a place where securities could be traded from a central location. It started trading officially on 28 March 1996 and is Macedonia’s first organized stock exchange. When it was founded, the MSE was a non-profit joint stock company. It took only 500 000 Euros to start and current legislation prevented anything other than banks and other ...

  • Currencies

    Forex

    “FOREX” is an acronym for Foreign Exchange Trading; the practice of buying and selling foreign currency on the world’s many foreign exchange markets. Many people will be surprised to know that the FOREX market is by far the largest financial trading market in the world. Based on the total cash value of all trades, over $1.9 trillion is traded every day on global FOREX markets.

  • Investing

    Equity Swaps

    An equity swap is conducted by two parties with the intent usually being to save costs on a transaction. These costs may be in the form of basic taxes, or other costs associated with the transaction such as locally based dividend taxes. Another reason for companies, specifically those in the US, to engage in equity swaps is to increase the amount of market leverage a trader can exert, which ...

  • Europe

    Warsaw Stock Exchange

    Situated in Warsaw, Poland, the Warsaw Stock Exchange (WSE) began operating in its present form in 1991. Also known as the Gielda Papierów Wartosciowych w Warszawie SA (GPW) in Polish, the WSE is the largest stock exchange in both Central Europe and Eastern Europe. The Warsaw Stock Exchange is essentially a joint-stock company which was created by the State Treasury and has 38 different ...