Exchange control

 

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Exchange control

Rationing of foreign exchange, typically used when the exchange rate is fixed and the central bank is unable or unwilling to enforce the rate by exchange-market intervention.



Similar Matches

PPP exchange rate

PPP exchange rate

Purchasing power parity exchange rate


Foreign exchange market

Foreign exchange market

The exchange market.


Montreal Exchange or Bourse de Montreal

Montreal Exchange or Bourse de Montreal

The oldest stock exchange in Canada trading stocks, bonds, futures, and options. The Canadian Market Portfolio Index (XXM) tracks the market performance of the 25 highest capitalized stocks traded on at least two Canadian exchanges.


Exchange traded fund

Exchange traded fund

ETFs are a new kind of collective investment fund competing with investment trusts and unit trusts for investors' money.In some ways they are a conventional tracker fund, pooling the cash of a large number of investors and investing it in a basket of shares in companies that make up an index (e.g. members of the FTSE A All-Share).Like unit trusts, ETFs are open ended, which means that new units can be issued in response to demand. The advantage of this is that they trade at a price which is close to the net asset value of the fund (i.e. the value of its investments) - something that cannot be said of investment trusts which are closed funds.But unlike unit trusts, ETFs do not usually have initial charges and their annual management charges are much lower (averaging 0.35%). You will have to pay broking commission, but some ETFs are exempt from Stamp Duty.Another feature of ETFs is that their prices are updated continuously during the trading day to reflect the indexes they track. This is an improvement over unit trusts where prices are only recalculated every 24 hours. So if you buy shares in an ETF at 2 o'clock on Monday the price you pay will be directly related to the NAV at that time.ETFs pay a dividend to their shareholders, which is the sum of all the dividends received from the ETF's investments minus an annual management fee. Typical annual fees are under 0.5% of the fund's value.The UK's first ETF was launched by Barclays Global Investors in 2000 and took 80,000 trades in its first week. It can be held in both PEPs and ISAs and does not attract Stamp Duty.You can buy ETFs through most stockbrokers.


Tokyo International Financial Futures Exchange

Tokyo International Financial Futures Exchange

Exchange that trades Euroyen futures and options, and futures on the one-year Euroyen, three-month eurodollar, and US dollar/Japanese yen currency.


Further Suggestions

Malaysia Commodity Exchange
Sydney Futures Exchange (SFE)
Favorable exchange rate
Swiss Exchange
Exchange Traded Funds
Istanbul Stock Exchange
Trade-weighted exchange rate
Shanghai Stock Exchange
Pegged exchange rate
Boston Exchange Automated Communication Order Routing Network (BEACON)
Effective exchange rate
Bombay Stock Exchange (BSE)
Canadian Exchange Group (CEG)
Hong Kong Futures Exchange (HKFE)
Budapest Stock Exchange
Direct Exchange Rate
Oslo Stock Exchange
Taiwan Stock Exchange (TSEC)
bill of exchange
Forward exchange transaction
Stock exchanges
Securities & Exchange Commission (SEC)
London Metal Exchange (LME)
Exchangeable instrument
Exchange of stock


 
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