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Trading Terms

Business day and non-business day

A business day is any day that is not a non-business day. This includes weekdays, typically Monday through Friday. On the other hand, a non-business day refers to any Saturday or Sunday, as well as bank holidays that are not considered part holidays under 'The Banking Act 1908'. This also includes any day where a bank's premises are not open for business. Understanding these terms is crucial for navigating the financial world with ease.

Currencies

Currencies are a fundamental aspect of finance, serving as the primary medium of exchange in a country. These monetary units, in the form of notes and coins, hold significan...

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Licensing

In the world of finance, there exists a valuable tool known as licensing. This is a contractual agreement where a company's patents, trademarks, copyrights, or know-how are ...

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Moving Window

A time series is a sequence of data points collected at regular intervals over a period of time. It is often used in finance to analyze trends and make predictions. When we ...

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Significance

In the world of finance, we often rely on statistical tests and hypotheses to make decisions. One key aspect to consider is the probability of rejection. This refers to the ...

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