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Q: what is a "hedgelet"?

Category: glossary , Asked by: Z. Lawson from Monte-Carlo, Monaco

A: A simplified derivative instrument that allows investors to hedge or speculate on economic events such as housing prices, commodity prices, interest rates, currencies and economic indicators. The price for a hedgelet contract is based on the prevailing market price determined by participants in the market. Every contract has the same defined payout scheme: $10 for a correct contract and $0 for an incorrect one. Each hedgelet contract is set so that investors must make a decision on whether an economic event will occur or not occur. For example, on a "Crude Oil > $64" contract an investor can either choose Yes (oil will be more than $64 at expiration) or No (oil will be less than $64 at expiration). If the investor purchases one Yes "Crude Oil > $64" contract for $2, and crude oil ends at $80 when the contract expires, the investor will receive $10 - an $8 profit. However, if the price of crude oil ends at less than $64, the contract will be worthless and the investor will lose the initial $2 investment. Visit ACM

    please tell me what "equity market" is

    Category: glossary by Eddy W. From Sunnyvale, United States

    The market in which shares are issued and traded, either through exchanges or over-the-counter markets. Also known as the stock market, it is one of the most vital areas of a market economy because it gives companies access to capital and investors a slice of ownership in a company with the potential to realize gains based on its future performance. This market can be split into two main sectors: the primary and secondary market. The primary market is where new issues are first offered. Any subsequent trading takes place in the secondary market.

    please tell me what the "correspondent bank" is

    Category: glossary by Z. Lee from Exeter, United Kingdom

    "correspondent bank " is The foreign banks representative who regularly performs services for a bank which has no branch in the relevant centre, e.g. To facilitate the transfer of funds. In the US this often occurs domestically due to inter state banking restrictions.

    Can you tip me of a forex site that has modest leverage

    Category: money by N. Phelps from Nepean, Canada

    We think "FX club" is exactly the place for that. If you like the more careful attitude, the highest leverage in this site is of 100:01:00, the platform graphics are quite innovative, the customer service is fine, no commissions are mandatory, and you can start with real small deposits - from $10.

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    do you know what the "nPR" is?
    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

    Searching for forex simulation software, forex trade account or forex trade brokers? Compare foreign exchange providers like Oanda or FX Universal. Regulated by NFA(US), CBRC(China) and ASIC(AU), focus on round the clock service, Beginner friendly service or hand held computer friendly platform. For arabic or english speakers.