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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.

Primary Market

This is also referred to as the "new issue market" or "initial public offering (IPO) market." It is an essential part of the financial system as it allows companies to raise ...

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Bank guarantee

A demand guarantee is a contractual agreement between a bank acting as a guarantor and a beneficiary. It outlines the bank's commitment to pay a predetermined sum under spec...

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Observer

Radar research has introduced a crucial concept that can be applied in the world of trading. It deals with the frequency and method of achieving detection or radar contact. ...

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DAF

Welcome to our discussion on finance related terms. As a knowledgeable professor, I am excited to share my insights with you. Today, we will dive into the world of finance a...

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