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Financial Terms

Electronic Clearing Service (ECS)

This system allows for the automatic transfer of funds from one bank account to another.

Understanding the intricacies of financial transactions is crucial in the world of finance. One such method is the Electronic Clearing Service (ECS), utilized by banks, corporations, and financial institutions for seamless payment transfers. This automated system eliminates the need for manual intervention and enables swift and secure fund transfers between two bank accounts. Let's delve deeper into the workings of ECS and its significance in the financial landscape.

Algorithmic Trading

Algorithmic Trading is a sophisticated method of executing trades, whereby computer programs or algorithms are employed to carry out transactions with the goal of generating p...

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KRA

The KYC Registration Agency, also known as KRA, holds a comprehensive database of KYC information within the securities market. This database is regulated by the Securities ...

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Combating Financing of Terrorism

The concept of Combating Financing of Terrorism involves preventing the flow of funds through financial channels for illegal activities. This includes measures to prevent ...

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Equilibrium Price

Equilibrium, in the context of economics, can be understood as the delicate balance between supply and demand. It is the point at which the quantity of goods that consumers ...

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