New European Exchange (NEWEX)


 

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New European Exchange (NEWEX)

A trading market for Central and East Eurpoean securities established by the Deutsche Börse (German Stock Market) and the Wiener Börse (Austrian Stock Market) in 2000.



New European Exchange (NEWEX)

Similar Matches

Fixed exchange rate

Fixed exchange rate

Usually synonymous with a pegged exchange rate. Although "fixed" seems to imply less likelihood of change, in practice countries seldom if ever achieve a truly fixed rate.


Foreign exchange

Foreign exchange

Currencies issued by foreign countries.


Floating exchange rate system

Floating exchange rate system

Purchase or sale of the currencies of other nations by a central bank for the purpose of influencing foreign exchange rates or maintaining orderly foreign exchange markets. Also called foreign-exchange market intervention.


Pure exchange economy

Pure exchange economy

A theoretical economy in which goods are not produced, but exist as endowments, and are then traded among consumers.


Exchange risk

Exchange risk

Uncertainty about the value of an asset, liability, or commitment due to uncertainty about the future value of an exchange rate. Unless they cover themselves in the forward market, traders with commitments to pay or receive foreign currency in the future bear exchange risk. So do holders of assets and liabilities denominated in foreign currency.


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Regional stock exchanges
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Equilibrium exchange rate
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Currency Exchange Risk
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Exchange controls
Exchange distribution
Bill of exchange


 
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