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Dukascopy Bank
Dukascopy Bank is a Swiss online bank that provides online and mobile trading, banking, and financial services. Headquartered in Geneva, Switzerland, it also has offices in Riga and Tokyo, with over 300 employees. Services Dukascopy Bank provides online and mobile trading services including foreign exchange, CFDs for stocks, metals, commodities, indices, cryptocurrencies, and binary options. Dukascopy Bank also offers current account, e-banking, and credit card services. Regulation Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority (FINMA) both as a bank and a securities dealer. It has three subsidiaries, namely Dukascopy Europe IBS AS, a licensed brokerage company based in Riga, Dukascopy Japan, a Type-1 licensed broker located in Tokyo, and SIA Dukascopy Payments, a European licensed payment and e-money company incorporated in Riga. Dukascopy Bank is a member of the Swiss Bankers Association since 2012. History In 2004, Andre Duka toge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all Seniority (financial), senior claims such as secured and unsecured debt), or Voting interest, voting power, often dividing these up in proportion to the number of like shares each stockholder owns. Not all stock is necessarily equal, as certain classes of stock may be issued, for example, without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of Shareholder, shareholders. Stock can be bought and sold over-the-counter (finance), privately or on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canton Of Zürich
The canton of Zurich is an administrative unit (Swiss canton, canton) of Switzerland, situated in the northeastern part of the country. With a population of (as of ), it is the most populous canton of Switzerland. Zurich is the ''de facto'' Capital city, capital of the canton, but is not specifically mentioned in the constitution. The Languages of Switzerland, official language is German language, German. The local Swiss German dialect, called ''Züritüütsch'', is commonly spoken. The canton has the highest Human Development Index score (0.994) List of subnational entities with the highest and lowest Human Development Index#Regions with the highest and lowest HDI, out of 1,790 subnational regions as of 2022. It is also a global Financial centre, financial center and has the List of Swiss cantons by GRP, fourth-highest GRP in Switzerland behind Basel-Stadt, Canton of Zug, Zug and Geneva canton, Geneva by GDP per capita. History Early history The prehistoric pile dwellings ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronic Communication Network
An electronic communication network (ECN) is a type of computerized forum or network that facilitates the trading of financial products outside traditional stock exchanges. An ECN is generally an electronic system accessed by an electronic trading platform that widely disseminates orders entered by market makers to third parties and permits the orders to be executed against them in whole or in part. The primary products that are traded on ECNs are stocks and currencies. ECNs are generally passive computer-driven networks that internally match limit orders and charge a very small per share transaction fee (often a fraction of a cent per share). The first ECN, Instinet, was created in 1969. ECNs increase competition among trading firms by lowering transaction costs, giving clients full access to their order books, and offering order matching outside traditional exchange hours. ECNs are sometimes also referred to as alternative trading systems or alternative trading networks. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiss Bankers Association
The Swiss Bankers Association is a professional organization of Swiss financial institutions. Background The trade association known as the Swiss Bankers Association was founded in 1912 in Basel, Switzerland. It is the primary industry group representing the Swiss Banks to the government of Switzerland and to the governments of other states. The unity provided by this organization allows the various Swiss banks, from the "Big Two" ( UBS and Credit Suisse Credit Suisse Group AG (, ) was a global Investment banking, investment bank and financial services firm founded and based in Switzerland. According to UBS, eventually Credit Suisse was to be fully integrated into UBS. While the integration ...) down to the smaller community and cantonal banks, to collaborate on various issues of importance to the banking community. The Swiss Bankers Association's main goal is to maintain and promote the best possible framework conditions for the actors of the Swiss financial centr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Agency
The is a Japanese government agency and an integrated financial regulator responsible for overseeing banking, securities and exchange, and insurance sectors in order to ensure the stability of the financial system of Japan. The agency operates with a Commissioner and reports to the Minister of State for Financial Services. It oversees the Securities and Exchange Surveillance Commission and the Certified Public Accountants and Auditing Oversight Board. Its main office is located in Tokyo. History The FSA was established on July 1, 2000 by the merger of the Financial Supervisory Agency with the Financial System Planning Bureau, a bureau of the Ministry of Finance. The Financial Supervisory Agency had been established in 1998, amid severe instability in the Japanese financial system, to conduct concentrated inspections of Japanese financial institutions in coordination with the Bank of Japan. The FSA was under the supervision of the Financial Reconstruction Commission (FRC) unti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services And Markets Authority (Belgium)
The Financial Services and Markets Authority (FSMA) (, ) is the financial regulatory agency in Belgium. As a supervisory authority, the FSMA strives to ensure the honest and equitable treatment of financial consumers. It aims at the fair and orderly operation and the transparency of the financial markets by ensuring that listed companies provide correct and complete information. It promotes proper provision of financial services by verifying that financial institutions comply with rules of conduct, by supervising financial products, financial service providers and supplementary pensions, and by contributing to improving the education of financial consumers. In this way the FSMA seeks to ensure that the financial system deserves the trust of its users. History and status The FSMA is, since 1 April 2011, the successor of the Banking, Finance and Insurance Commission (CBFA). Its full name is the ''Financial Services and Markets Authority'' (FSMA). The FSMA's status is that of an au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiss Financial Market Supervisory Authority
The Swiss Financial Market Supervisory Authority (FINMA) is the Swiss government body responsible for financial regulation. This includes the supervision of banks, insurance companies, stock exchanges and securities dealers, as well as other financial intermediaries in Switzerland. FINMA's name and acronym are usually expressed in English so as to avoid the semblance of favouring any one of Switzerland's linguistic regions. FINMA was established in 2007 and succeeded the Federal Banking Commission, thus EBK-CFB, established in 1934. It is an independent institution with its own legal personality based in Bern. It is institutionally, functionally and financially independent from the central federal administration and the Federal Department of Finance and reports directly to the Swiss parliament. History Federal Banking Commission Banking supervision was introduced in Switzerland by the Federal Act on Banks and Savings Banks of 1934, following unsuccessful attempts that had ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Banking
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that customers access their bank accounts. The online banking system will typically connect to or be part of the core banking system operated by a bank to provide customers access to banking services in addition to or in place of historic branch banking. Online banking significantly reduces the banks' operating cost by reducing reliance on a physical branch network and offers convenience to some customers by lessening the need to visit a bank branch as well as being able to perform banking transactions even when branches are closed, for example outside the conventional banking hours or at weekends and on holidays. Internet banking provides personal an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transaction Account
A transaction account (also called a checking account, cheque account, chequing account, current account, demand deposit account, or share account at credit unions) is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the account owner may direct. Access may be in a variety of ways, such as cash withdrawals, use of debit cards, cheques and electronic transfer. In economic terms, the funds held in a transaction account are regarded as liquid funds. In accounting terms, they are considered as cash. Transaction accounts are known by a variety of descriptions, including a current account (British English), chequing account or checking account when held by a bank, share draft account when held by a credit union in North America. In the Commonwealth of Nations, United Kingdom, Hong Kong, India, Ireland, Australia, New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Binary Option
A binary option is a financial exotic option in which the payoff is either some fixed monetary amount or nothing at all.Breeden, D. T., & Litzenberger, R. H. (1978). "Prices of state-contingent claims implicit in option prices". ''Journal of Business'', 621–651.Gatheral, J. (2006). ''The volatility surface: a practitioner's guide'' (Vol. 357). John Wiley & Sons. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The former pays some fixed amount of cash if the option expires in-the-money while the latter pays the value of the underlying security. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options (FROs) (on the NYSE American).Binary Option Definition Investopedia. Retrieved 2013- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
