PPP exchange rate
PPP exchange ratePurchasing power parity exchange rate
Bill of exchangeBill of exchange
Any document demanding payment.
Foreign exchange riskForeign exchange risk
London Securities and Derivatives ExchangeLondon Securities and Derivatives Exchange
An integrated exchange and clearing house for futures and options derivatives based mainly on the Swedish and Norwegian equity markets. Products include futures and options on the OMX Swedish equity index (the 30 most liquid shares traded on the Stockholm Stock Exchange), the OBX Norwegian equity index (the 25 most traded stocks on the Oslo Stock Exchange), Swedish equity futures and options and Norwegian equity futures and options.
Freely floating exchange rate systemFreely floating exchange rate system
Monetary system in which exchange rates are allowed to move due to market forces without intervention by country governments.
Foreign exchange brokerForeign exchange broker
Intermediaries in the foreign exchange market that do not put their own money at risk.
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