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Currency

SONIA

SONIA, or the Sterling Overnight Index Average, is a key benchmark in the world of finance. It measures the overnight interest rate that banks pay for unsecured transactions in the British sterling market. This rate is crucial for understanding the cost of funding for trades that take place outside of normal business hours. Essentially, SONIA reflects the level of overnight activity in the marketplace, providing valuable insights for financial analysis and decision making.

Margin account

A leverage account enables traders to purchase assets on credit and borrow against the currencies held in the account. However, the terms and conditions for credit and borro...

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INR

The currency symbol for the Indian Rupee is ₹, which is derived from the Devanagari letter "र" (ra). The Rupee is the official currency of India and is used by over 1.3 bill...

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Deutsche Akzien Index(DAX 100)

The major German stock index, also known as the DAX, is a vital indicator of the German economy. Comprised of 100 top German companies, it reflects the overall performance o...

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Nikkei 225 (Nikkey Stock Average)

The Nikkei 225 is a prominent indicator of the Japanese stock market. Comprised of 225 major companies listed on the Tokyo Stock Exchange, it calculates the average share ra...

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