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Q: do you know what the "nPR" is?

Category: glossary , Asked by: Cesar L. From Lausanne, Switzerland

A: In currencies, this is the abbreviation for the Nepal Rupee. The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Visit FX Solutions

    please define "cage"

    Category: glossary by Keon A. From Ulm, Germany

    a "cage " is A term used to describe the department of a brokerage firm that receives and distributes physical securities. A reference mainly used by industry workers, the cage is like a vault where all certificates and bonds are held in physical form.

    Would you refer me to a forex site that's popular for its long time history in the field?

    Category: general by Harmony G. From West Bromwich, United Kingdom

    "AVA FX" is totally the one to consider if you need forex site that has a long time history around. Working out of Euro American Trust Building, Road Town, Tortola, BVI, AVA FX is a ECN foreign exchange service provider, and was established on 2006. AVA FX was elected by Forexreviews for the illustrious the status of "Forexreviews' most Used Jackpot ".

    what is a "rubber check"?

    Category: glossary by Romeo D. From Ireland

    Another name for a "bounced check." The check cannot be processed because the writer has insufficient funds. Most rubber (or bounced) checks are subject to high bank penalty fees ($20-$40 per bounced check).

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    what is a "statistical arbitrage"?
    the "statistical arbitrage " is A profit situation arising from pricing inefficiencies between securities. Investors identify the arbitrage situation through mathematical modeling techniques. Statistical arbitrage is not without risk; it depends heavily on the ability of market prices to return to a historical or predicted normal. Visit Saxo Bank

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