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Mark Holland

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Definition of CFP franc (XPF)

By Mark Holland / 15 hours ago

What is the CFP franc (XPF)? XPF (CFP Franc) is the ISO currency code for the official currency of four French overseas island communities, including French Polynesia, New Caledonia, Wallis and Futuna. A CPF franc is subdivided into 100 cents. The XPF is pegged to the euro. In July 2021, $ 1 USD equals approximately […]

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Definition of linear price scale

By Mark Holland / 15 hours ago

What is a linear price scale? A linear (arithmetic) price scale is a chart scale used by traders that is plotted with real values ​​spaced equidistant from each other on the vertical y-axis. Each unit change is represented by the same vertical distance on the chart, regardless of what price level the asset is at […]

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Definition of Pay / Collect

By Mark Holland / 15 hours ago

What is Pay / Collect? Pay / collect is an abbreviated reference to the payment and collection of funds, after the futures positions have been marked to the market, between the clearing members and their respective clearing houses. In futures trading, the accounts of a futures contract are adjusted to the market on a daily […]

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Flat dollar

By Mark Holland / 15 hours ago

What is a flat dollar? A fixed dollar represents a fixed dollar amount, generally in the context of fees or commissions paid for services. It can also be governed by the terms flat rate or flat rate. Contracts that specify fixed dollar amounts instead of percentage-based fees remove transaction size from the fee equation. Because […]

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Definition of lottery

By Mark Holland / 15 hours ago

What is a lottery? A lottery is a game of chance or a low-probability process in which winners are selected by random drawing. Lotteries can be used in decision-making situations, such as sports team draws and the allocation of little medical treatment. They are also a popular form of gambling, encouraging people to pay a […]

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Definition of Afghan Afghani (AFN)

By Mark Holland / 15 hours ago

What is the Afghan Afghani (AFN)? The Afghan Afghani (AFN) is the national currency of the Islamic Republic of Afghanistan. Its ISO 4217 code, AFN, was introduced in 2002 as part of efforts to stabilize the currency and reduce inflation. Before this change, it circulated under the symbol AFA. In July 2021, $ 1 USD […]

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Call on a call

By Mark Holland / 15 hours ago

What is a call in a call? A call option (CoC or CaCall) is a type of exotic option that gives the holder the right to buy a call option on the same underlying. Basically, a call option is an option to buy an option. It will have two strike prices and two expiration dates. […]

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