Markets

3

Sep 2026
London session Definition

What Is the London Session and When Does It Start? The London session refers to the period during which the London financial markets are open for trading. As the largest forex trading centre in the world, London generates a disproportionate …

3

Sep 2026
Kondratieff wave Definition

What Is a Kondratieff Wave and How Does It Shape Long-Term Markets? A Kondratieff wave — also known as a K-wave or supercycle — is a long-term economic cycle lasting approximately 50 to 60 years, first identified by Soviet economist …

3

Sep 2026
Institutional investor Definition

What Is an Institutional Investor? An institutional investor is a large financial organisation that invests money on behalf of its clients or members. Examples include pension funds, insurance companies, and mutual funds. Because they manage substantial pools of capital, institutional …

3

Sep 2026
Interbank rates Definition

What Are Interbank Rates? Interbank rates are the interest rates at which banks lend to and borrow from each other, usually for short periods. These rates sit at the core of the financial system because they reflect the cost of …

3

Sep 2026
Interest rate Definition

What Is an Interest Rate? An interest rate is the cost of borrowing money, expressed as a percentage of the loan amount. It represents what a borrower pays a lender for the use of funds, and equally what a saver …

3

Sep 2026
Introducing broker (IB) Definition

What Is an Introducing Broker (IB)? An introducing broker, or IB, is a person or entity that refers clients to a brokerage firm and receives a commission for doing so. Rather than executing trades or holding client funds directly, an …

3

Sep 2026
ISM manufacturing index Definition

What Is the ISM Manufacturing Index? The ISM manufacturing index is a monthly economic report that measures the activity level of the manufacturing sector in the United States. Compiled by the Institute for Supply Management, it is based on surveys …

3

Sep 2026
Floor trader Definition

What Is a Floor Trader? A floor trader is a trader who works on the floor of an exchange, executing trades on behalf of clients or for their own account. Traditionally, floor traders operated in the trading pits of exchanges, …

3

Sep 2026
Front-running Definition

What Is Front-Running? Front-running is the practice of buying or selling a security based on advance knowledge of a pending transaction by a third party. Someone with information about a large order that is likely to move the price trades …

3

Sep 2026
Financial market Definition

What Is a Financial Market? A financial market is any marketplace where asset or security trading takes place, including forex, shares, cryptocurrencies, indices, commodities and others. These markets bring together buyers and sellers, allowing capital to flow between those who …

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