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Q: please define "fungibles"

Category: glossary , Asked by: E. A. From Monaco-Ville, Monaco

A: Goods, securities or instruments that are equivalent and, therefore, interchangeable. In other words, they are goods that consist of many identical parts which can be easily replaced by other, identical goods. If the goods are sold by weight or number, this is a good sign that they are fungible. Commodities, common shares, or the same company, and dollar bills are examples of fungibles. Fungibility of listed options makes it possible for buyers and sellers to close out their positions by taking offsetting positions. For example, if you buy a long call option, you can close out the position by selling (writing) a put option with the same underlying, expiration date and strike price. Visit FX Solutions

    Do you know of a forex platform that's known for its friendly to install interface?

    Category: technical by Keely A. From Bruxelles [Brussel], Belgium

    We recommend "etorousa.com" - the download and installation of the real trading interface is easy. The communication is flowing, it never gets cut off even once while you're downloading, and it is easy to learn and start playing.

    Would you advice me of an online forex platform that's known for its trusted supervising certificates?

    Category: technical by Efrain E. From Perpignan, France

    Definitely "Global Forex Trading (GFT)". Certificated by FSA (U.K.), ASIC (Australia), as well as FSA (Japan), you can certainly rest assure your money is in good hands in "Global Forex Trading (GFT)".

    please tell me what the "active bond" is

    Category: glossary by A. Mccoy from Dublin, Ireland

    an "active bond " is A term used to describe fixed-income securities that trade frequently on the floor of the NYSE. These are typically corporate debt instruments and convertible bonds issued by well established companies on the NYSE.

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    please tell me what "mortgagee" is
    An entity that lends money to a borrower for the purpose of purchasing a piece of real property. By accepting a mortgage on the real property, the lender creates security in the full repayment of the loan in the future. Most people take out a mortgage to finance the purchase of a residence or piece of real estate. In order to limit its risk in the investment, the lender in the transaction creates a priority legal interest in the value of the property, substantially lowering the probability the lender will not be repaid in full if the borrower defaults on the loan. Visit FX club

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