A Manager''''''''s Guide to Knowing What the Numbers Really Mean 7 docx

... for another. The lack of a physical exchange enables the FOREX market to operate on a 24-hour basis, spanning from one time zone to another across the major financialcenters. This fact—that there ... Cons of Arbitrage 271 Summary 272 Appendix A 273 How the FOREX Game Is Played 273 Market Makers and ECNs 273 A Peek under the Hood 273 Appendix B 277 List of World Currencies and Symbols 277 Appendix ... TradeFundamental Analysis, Technical Analysis, A Trader’s Toolbox, The FOREX Marketplace, and Retail FX Platforms.Historically, there have been two major schools of thought inanalyzing markets...

... of a currency relative to another currency. There arean enormous number of correlations between all these factors and they arealmost certainly nonlinear in nature. That means they are constantly ... FOREXmarket operates in a manner similar to that of the NASDAQ market in the United States; thus it is also referred to as an over -the- counter(OTC) market. The lack of a centralized exchange ... hadinvested heavily in the markets. When people feared their banks might not beable to pay back the money that depositors had in their accounts, a “run” on the banking system caused many bank failures.With...

... to broker and can be as low as $100 to as high as $100,000.Each time the trader executes a new trade, a certain percentage of the account balance in the margin account will be earmarked as the ... charterrenewed but a separate quasi-private self-regulatory agency was created to implement the laws, rules, and regulations. Thus in 1982 was born the National Futures Association (NFA). The NFA is the CFTC’s ... African Rand (ZAR), and the Singapore Dollar(SGD). After that, the frequency is difficult to ascertain because of perpetuallychanging trade agreements in the international arena.Chapter 05_[ 37- 44].qxd...

... reduces to: Units Available ϭ 100 ϫ Margin Available/Margin PercentCross rates can be handled in the same fashion by simply manipulating the conversion rate. Note: Always decrease the units available ... Indonesia caused high volatility in theirdomestic currency, the Rupiah. From there, the contagion spread to other Asianemerging currencies, and then to Latin America, and is now referred to as the ... 299central bank A government or quasi-governmental organization that manages a country’s monetary policy. For example, the U.S. central bank is the Federal Reserve,and the German central bank is the...