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Spot Rate

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

The currency exchange rate a bank quotes, valid with immediate effect.

More terms

American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

NYSE

The world's largest stock exchange. Wall St HQ.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

S&P 500

Find out what is the definition of the S&P 500 index.

Professional Client

An investor that is able to meet several regulatory criteria.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

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