The currency abbreviation for the Mexican peso (MXN), the currency for Mexico. The Mexican peso is made up of 100 centavos and is often presented with the symbol $ or Mex$. The name peso comes from the Mexican word "pesos", which means "weights", and refers to gold or silver weights. |||Following a period of hyperinflation and currency devaluation in the 1980s that occurred after Mexico defaulted on it external debt as a result of the 1970s oil crisis, the government of Mexico created a new peso, or "nuevo peso", to replace the original peso in 1993. The new peso replaced the old peso at a rate of 1:1000.
A notification on a person's credit report that alerts credit agencies that the person is deceased and should not be issued credit in the future. Upon a person's death, a family member or friend must request the credit reporting agencies to send out the deceased alert. The purpose of the deceased alert is to prevent identity thieves from stealing and abusing the name of the deceased person. While it is unfortunate that such measures need to be taken after a person has passed away, doing so will reduce the risk of identity thieves preying upon the personal records of the deceased party. And identity thieves can cause serious financial damage, for which the estate of the deceased may have to pay to remedy.
An individual who engages in the transfer of financial assets in any financial market, either for themselves, or on behalf of a someone else. The main difference between a trader and an investor is the duration for which the person holds the asset. Investors tend to have a longer term time horizon, whereas traders tend to hold assets for shorter periods of time in order to capitalize on short-term trends. One main problem with engaging in short-term trading is commission costs. Because traders frequently engage in short-term trading strategies to chase after profit; they often rack up large commission fees. However, an increasing number of highly competitive discount brokerages has made this cost less of an issue.
The least expensive underlying product that can be delivered upon expiry to satisfy the requirements of a derivative contract. |||Certain derivative products provide contract holders the right to deliver different grades of underlying stocks, bonds, or commodities at specific delivery or expiry points. Because investors will always want to deliver the cheapest available underlying, the price of derivatives will always factor the CTD product.
Any type of event that triggers a securities trade. A trade trigger is usually a market condition, such as a rise or fall in the price of an index or security. Trade triggers are used to automate certain types of trades, such as selling shares of a stock when the price reaches a certain level. Day traders often use trade triggers in order to avoid having to constantly monitor market conditions. Trade triggers are automatic, thus freeing the trader to focus on other tasks. Most online brokers and day trading programs both teach and offer this strategy to investors.
In currencies, this is the abbreviation for the Namibia Dollar. |||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.
A professional designation given by the Market Technicians Association (MTA) to financial professionals who prove their proficiency in technical analysis. |||To be granted the designation, a candidate must pass three examination levels and agree to be bound by the MTA code of ethics. Also, to register for the CMT program, an individual must be a paying member of the MTA.
A fund consisting of assets from several accounts that are blended together. Investors in commingled fund investments benefit from economies of scale, which allow for lower trading costs per dollar of investment, diversification and professional money management. Sometimes called a "pooled fund." These funds are "commingled" to reduce the costs of managing them separately. The main disadvantage of these funds is that capital gains are spread evenly among investors.