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Q: looking for the nicest foreign exchange platform. Which one should I check out?

Category: general , Asked by: Julian S. From United States

A: Definitely "Dukascopy" - the help team they have is fabulous. They seem totally experienced, as well as quite responsive. Regulated and certificated by ARIF, you can be sure the safety of your deposit is guaranteed in this one. We are often impressed with the communication with the system. It's pretty effortless to activate the environment. The connection to the server is usually fast, and you will encounter non of the usual difficulties you many times get connecting to other servers. In addition, its system supports many different languages. "Dukascopy"'s platform supports many languages, such as Deutsch, Russian, Chinese, French or Spanish (and any other of a wide array of other languages). Visit Dukascopy

    what is a "pLN"?

    Category: glossary by X. Z. From Vaduz, Liechtenstein

    In currencies, this is the abbreviation for the Polish Zloty. 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.

    what is the "long-term capital management - lTCM"?

    Category: glossary by L. Wolf from Vaduz, Liechtenstein

    A large hedge fund led by Nobel Prize-winning economists and renowned Wall Street traders that nearly collapsed the global financial system in 1998 as a result of high-risk arbitrage trading strategies. The fund formed in 1993 and was founded by renowned Salomon Brothers bond trader John Meriwether. LTCM started with just over $1 billion in initial assets and focused on bond trading. The trading strategy of the fund was to make convergence trades, which involve taking advantage of arbitrage between securities that are incorrectly priced relative to each other. Due to the small spread in arbitrage opportunities, the fund had to leverage itself highly to make money. At its height in 1998, the fund had $5 billion in assets, controlled over $100 billion and had positions whose total worth was over a $1 trillion. Due to its highly leveraged nature and a financial crisis in Russia (i.e. The default of government bonds) which led to a flight to quality, the fund sustained massive losses and was in danger of defaulting on its loans. This made it difficult for the fund to cut its losses in its positions. The fund held huge positions in the market, totaling roughly 5% of the total global fixed-income market. LTCM had borrowed massive amounts of money to finance its leveraged trades. Had LTCM gone into default, it would have triggered a global financial crisis, caused by the massive write-offs its creditors would have had to make. In September 1998, the fund, which continued to sustain losses, was bailed out with the help of the Federal Reserve and its creditors and taken over. A systematic meltdown of the market was thus prevented.

    Which forex site has the lowest leverage, to your advice

    Category: money by X. Fulton from Brugge, Belgium

    We think "Dukascopy" is exactly the place for that. If you like the more careful approach, this place offers a real low leverage rate of 100:01:00, the minimum deposit is only $50000, the customer service is a-list, no commissions are mandatory in "Dukascopy", plus the platform graphics are quite progressive.

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    do you know what the "non-marketable security" is?
    Any type of security that is difficult to buy or a sell because it does not trade on a normal market or exchange. These types of securities trade over the counter (OTC) or in a private transaction. Finding a party with which to transact business is often difficult; in some cases, these securities can't be resold due to regulations surrounding the security. Some examples of non-marketable securities are savings bonds, series (A, B, EE, etc.) bonds and private shares. The U.S. Government offers both marketable and non-marketable securities to the public. Marketable securities, such as treasury bills and bonds can be purchased and resold to the public. But non-marketable securities, such as savings bonds must be held by the holder until maturity and can't be resold to another party. Limited partnership (LP) interests are often difficult, if not impossible to resell. Visit Dukascopy

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