What Is the London Metal Exchange (LME)? The London Metal Exchange (LME) is a commodities exchange that deals in metals futures and options. The LME is a non-ferrous exchange, meaning the exchange does not trade iron and steel. Instead, tradable contracts include aluminum, copper, gold, silver, cobalt, and zinc. Located in
Digital money (or digital currency) refers to any means of payment that exists in a purely electronic form. Digital money is not physically tangible like a dollar bill or a coin. It is accounted for and transferred using online systems. One well-known form of digital money is the cryptocurrency Bitcoin. Digital
What Is Forwardation? Forwardation is a term used in pricing futures contracts whereby the futures price of a commodity or currency is trading higher than the spot (cash) price of the commodity for immediate delivery. The term forwardation is more commonly known as contango. A futures contract is a legal
Will you make spread betting a living? You, yes, may. Simon Cawkwell, who has made countless millions of spread bets on stocks, includes highly active spread bettors. Simon Smith is a little cagey about just how much money he’s earned from spread betting on house prices, but he acknowledges that
Stocks Trading stocks is one of the most common ways of investing, of course. You gain an equity interest in a corporation when you buy equities-stock shares, and thus have the right to share in its profits. When you spread bets on stock shares, you literally bet on whether the
MFE is very useful because it can help you see if you are doing any of the following: Letting your trades run longer than they should Not locking in profits quickly enough Setting your profit targets too far away For example, this trade was stopped out shortly after entry. But
The forex market is the most accessible financial market in the world. You can start trading with an initial investment as low as $50. However, the amount of money you start with is a significant determinant of your ultimate success and will influence your trading experience and just because you
Trading big moves in the after-hours are the Wild West of stock trading. When volume is lower and fewer traders are participating in buying stocks, moves can be extreme and rapid. It means big profit potential but also a big risk, and in some situations, it may be very difficult to
M for mobile and pesa is Swahili for money and it is a mobile phone based money transfer service, payments and micro-financing service. It is launched in 2007 by Vodafone Group plc and Safaricom. They are the largest mobile network operator in Kenya. It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan and South Africa. Meanwhile services in India, Romania, and Albania have been terminated due