Glossary - Currency - Letters - F - Quotes - Charts

| F | . .1MTX Glossary: CURRENCY... CURRENCY Glossary . Face Value 1. The stated principal amount of a debt instrument. 2. The value printed value on a banknote or coin. Falkland Islands Pounds FKP is the ISO code* for the Falkland Islands Pound, the currency of the Falkland Islands, an archipelago in the South Atlantic Ocean. The islands are a self-governing Overseas Territory of the United Kingdom. 1 Pound = 100 Pence Federal Reserve Bank The banks in the USA that carry out Fed operations, including controlling the money supply and regulating member banks. There are 12 District Feds, headquartered in Boston, New York, Philadelphia, Cleveland, St. Louis, San Francisco, Richmond, Atlanta, Chicago, Minneapolis, Kansas City, and Dallas. ...website more 1MTX MARKETS | Money Markets | Money Markets | Fed Federal Reserve System The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. ...more more 1MTX MARKETS | Money Markets | Money Markets | Fed fening Fening is the subunit of the Bosnia and Herzegovina convertible mark (ISO code* BAM), the currency of Bosnia and Herzegovina. ...more 1 Marka = 100 Fening Fiat Currency (Fiat Money) In economics, fiat currency or fiat money ("fiat" derived from Latin "fiat lux" - lux = light - Genesis 1, 3: God said, 'Let there be light...") is money that enjoys legal tender status derived from a declaratory fiat or an authoritative order of the government. It is often associated with paper money because, without government fiat, bank notes are not a legal tender in payment of debt, and only specie is unlimited legal tender for money debts. However this is not universally true, as some currencies, (notably sterling issued by Scottish banks), are not legal tender but are accepted by longstanding confidence. ...more (Historical summary, etc, The importance of fiat money as a concept) Fiji Dollar FJD is the ISO code* for the Fiji Dollar, the currency of the Fiji Islands, an island nation in the South Pacific Ocean east of Vanuatu, west of Tonga and south of Tuvalu. 1 Dollar = 100 Cents .1MTX Glossary: Currency:..Commemorative Fijian Two-Dollar banknote for 2000 (Y2K). Fijian Two-Dollar banknote for 2000 (Y2K) Fillér The fillér was the name of various small change coins throughout Hungarian history. It was the 1/100 subdivision of the Austro-Hungarian and the Hungarian korona, the peng? and the forint. The name derives from the German word Vierer that means 'number four' in English. Originally it was the name of the four-Kreuzer coin. Today the Hungarian Forint is the currency of the Republic of Hungary: 1 Hungarian Forint = 100 Fillér Fils The Fils is a subdivision of currencies used in many Arab countries, such as Iraq. ("Fils" is the singular form in Arabic, not the plural as its ending might indicate to an English speaker.) The plural form of Fils, fuloos, has been adapted in the Arabic language to mean simply "money". 1 Bahraini Dinar = 1000 Fils 1 Iraqi Dinar = 1000 Fils 1 Jordanian Dinar = 1000 Fils 1 Kuwaiti Dinar = 1000 Fils 1 United Arab Emirates Dirham = 100 Fils 1 Yemeni Rial = 100 Fils FIM FIM is the ISO code* for the Finnish Markka, which was the currency of Finland (a Nordic country situated in Northern Europe) from 1860 until 2002 when it was replaced bei the Euro (EUR). 1 Markka = 100 Penni .1MTX Glossary: Currency:..Finnish Markka 1000 Finnish Markka Banknote Financial Futures Futures contracts based on financial instruments such as U.S. Treasury bonds, CDs and other interest-sensitive issues, currencies and stock market indicators. more 1MTX MARKETS | Derivatives Markets | Examples | Credit Finnish Markka FIM is the ISO code* for the Finnish Markka, which was the currency of Finland (a Nordic country situated in Northern Europe) from 1860 until 2002 when it was replaced bei the Euro (EUR). 1 Markka = 100 Penni FJD FJD is the ISO code* for the Fiji Dollar, the currency of the Fiji Islands, an island nation in the South Pacific Ocean east of Vanuatu, west of Tonga and south of Tuvalu. 1 Dollar = 100 Cents FKP FKP is the ISO code* for the Falkland Islands Pound, the currency of the Falkland Islands, an archipelago in the South Atlantic Ocean. The islands are a self-governing Overseas Territory of the United Kingdom. 1 Pound = 100 Pence Foreign 1. A non-U.S. company with securities trading on the North American market. 2. In general, any corporation organized under the laws of another country. International Investing (SEC) Foreign Currency Effects The extent to which the changes in a foreign currency affects the return on a foreign investment. Foreign exchange market The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The average daily trade in the global forex markets currently exceeds US$1.9 trillion. Retail traders (individuals) are a small fraction of this market and may only participate indirectly through brokers or banks. ...more (Market size and liquidity) ...more (Trading characteristics) ...more (Factors affecting currency trading) more 1MTX MARKETS | Foreign Exchange Markets foreign exchange rate The exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. The foreign exchange market is one of the largest markets in the world. By some estimates, about 2 trillion USD worth of currency changes hands every day. The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. ...more (Quotations) ...more (Nominal and real exchange rates) ...more (Asset market model - Fluctuations in exchange rates) more 1MTX MARKETS | Foreign Exchange Markets Foreign exchange reserves Foreign exchange reserves (also called Forex reserves or International reserves) are the foreign currency deposits, gold, SDRs and IMF reserve position held by central banks and monetary authorities. These are assets of the central banks which are held in different reserve currencies such as the Dollar, euro and yen, and which are used to back its liabilities, e.g. the local currency issued, and the various bank reserves deposited with the central bank, by the government or financial institutions. ...Levels ...see also, Reserves of foreign exchange and gold Forex - FX The foreign exchange market, where brokerage firms and banks are connected over an electronic network that allows them to convert the currencies of most countries. more 1MTX MARKETS | Foreign Exchange Markets forex rate The exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. The foreign exchange market is one of the largest markets in the world. By some estimates, about 2 trillion USD worth of currency changes hands every day. The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. ...more (Quotations) ...more (Nominal and real exchange rates) ...more (Asset market model - Fluctuations in exchange rates) Forex reserves Foreign exchange reserves (also called Forex reserves or International reserves) are the foreign currency deposits, gold, SDRs and IMF reserve position held by central banks and monetary authorities. These are assets of the central banks which are held in different reserve currencies such as the dollar, euro and yen, and which are used to back its liabilities, e.g. the local currency issued, and the various bank reserves deposited with the central bank, by the government or financial institutions. ...Levels ...see also, Reserves of foreign exchange and gold Forex swap Forex swap is an over the counter short term interest rate derivative instrument. A Forex swap consists of a spot foreign exchange transaction entered into at exactly the same time and for the same quantity as a forward foreign exchange transaction. The forward portion is the reverse of the spot transaction, where the spot purchase is offset by a forward selling. In this reason, surplus funds in one currency are for a while swapped into another currency for better use of liquidity. Protects against adverse movements in the forex rate, but favourable moves are renounced. The fixed rate in this transaction is the forward rate that is locked in by the forward contract. The floating rate will be the overnight rate that is realized on a daily basis by the spot transaction. Typically, the floating side of these trades are indexed to the Overnight Index Swap (OIS) rate. This rate is an average of the rates that are paid based on a survey. It should not be confused with a currency swap, which is a much rarer, long term transaction, governed by a slightly different set of rules. In emerging money markets, Forex swaps are usually the first derivative instrument to be traded, ahead of Forward rate agreements. forex market The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The average daily trade in the global forex markets currently exceeds US$1.9 trillion. Retail traders (individuals) are a small fraction of this market and may only participate indirectly through brokers or banks. ...more (Market size and liquidity) ...more (Trading characteristics) ...more (Factors affecting currency trading) more 1MTX MARKETS | Foreign Exchange Markets Forint (Hungarian Forint) HUF is the ISO code* for the Hungarian Forint, the currency of the Republic of Hungary. The forint's name comes from the city of Florence, where golden money was minted from 1252 under the name fiorino d'oro. In Hungary, florentinus (later forint), also a gold-based currency, was used from 1325 under Charles Robert and several other countries followed its example. Hungarian forint = 100 Fillér Forward Rate The amount that a currency, commodity, or some other asset will cost to deliver sometime in the future. Forward transaction A contractual transaction to buy or sell an item, in which the payment and delivery take place at a predetermined future date. With a futures contract, the trade is finalized, i.e., the delivery of payment for goods, at a predetermined time in the future. In a spot (or cash) transaction, payment and delivery take place close to the time of the contract’s close. This type of trade is possible with all types of goods, e.g. with securities, interest, currencies, metals and agricultural products such as wheat or orange juice. Commodity futures and financial futures are differentiated on the markets. Derivative products are backed by a basis value or underlying. The term of the business – from contract close to fulfillment – is called maturity. Buyer positions are called "long positions"; sellers take "short positions". Franc The Franc is the name of several currency units, most notably the French franc, the currency of France until it adopted the euro in 2002; and the Swiss franc, still a major world currency today due to the prominence of Swiss financial institutions. The name is said to derive from the Latin inscription francorum rex ("King of the Franks") on early French coins, or from the French franc, meaning "free" (and "frank"). The countries that use Francs include Switzerland, Liechtenstein, and most of the Francophone countries of Africa. Before the introduction of the Euro, Francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French Franc as legal tender. The Franc was also used within the French Empire's colonies, including Algeria and Cambodia. One Franc is typically divided into 100 Centimes. ...more (Swiss Franc and Liechtenstein Frank / Franc in Africa) French Franc FRF is the ISO code* for the French Franc, which was the currency for France (France a country in Western Europe) until 2002, when it was replaced bei the Euro (EUR). 1 Franc = 100 Centimes FRF FRF is the ISO code* for the French Franc, which was the currency for France (France a country in Western Europe) until 2002, when it was replaced bei the Euro (EUR). 1 Franc = 100 Centimes Futures Derivatives contracts in which the seller agrees to deliver, and the buyer agrees to purchase, a certain quantity of an underlying commodity or instrument at a predetermined price on a specified settlement date. Futures are highly liquid standardized financial instruments that are traded in the derivatives market. There are two types of futures: financial futures and commodity futures. The underlying instruments of financial futures are stock indices, currencies, or interest rates, whereas commodity futures are tied to the movements of real goods such as raw materials or agricultural products. The value of a future depends on the value of the respective underlier. The earliest derivatives transactions were commodity futures. Long ago, farmers wished to protect themselves against fluctuations in the prices of their crops. To do so, they entered into futures contracts to ensure that they would be able to sell their product at a favorable price the following year. There are two sides to a futures transaction. A "long position" represents the buyer's obligation to purchase the underlying instrument or commodity for the predetermined price on the settlement date; a "short position" represents the seller's obligation to deliver the underlying instrument or commodity. ...Futures Trading Commission (SEC) FX market The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The average daily trade in the global forex markets currently exceeds US$1.9 trillion. Retail traders (individuals) are a small fraction of this market and may only participate indirectly through brokers or banks. ...more (Market size and liquidity) ...more (Trading characteristics) ...more (Factors affecting currency trading) FX rate The exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies specifies how much one currency is worth in terms of the other. The foreign exchange market is one of the largest markets in the world. By some estimates, about 2 trillion USD worth of currency changes hands every day. The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. ...more (Quotations) ...more (Nominal and real exchange rates) ...more (Asset market model - Fluctuations in exchange rates) *ISO codes: The ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). The ISO 4217 code list is the established norm in banking and business all over the world for defining different currencies......currency codes . . ADVERTISEMENT top Sources: Yahoo.com; Nasdaq.com; SEC.gov; Wikipedia.org; thefreedictionary.com; BBC.co.uk; Others; .1MTX 2007 | F | . CURRENCY Countries & Aluminium, Copper, Gold, Palladium, Platinum, Silver .1MTX Glossary: Currency...Countries &... Country Ratings ± Country Ratings . Falkland Islands ...go to the .1 MTX CURRENCY Converter: selecting this >> currency term, you will get the latest exchange rates... ...plus attached tables with more economics datas... Falkland Islands Pound (FKP) 1 Pound = 100 Pence FKP is the for the Falkland Islands Pound, the currency of the Falkland Islands , an archipelago in the South Atlantic Ocean. The islands are a self-governing Overseas Territory of the United Kingdom. Faroe Islands ...go to the .1 MTX CURRENCY Converter: selecting this >> currency term, you will get the latest exchange rates... ...plus attached tables with more economics datas... Danish Krone (DKK) 1 Krone = 100 Ore The Danish Krone (ISO code* DKK) is the currency of Denmark, Faroe Islands , Greenland. Fiji Islands ...go to the .1 MTX CURRENCY Converter: selecting this >> currency term, you will get the latest exchange rates... ...plus attached tables with more economics datas... Fiji Dollar (FJD) 1 Dollar = 100 Cents FJD is the ISO code* for the Fiji Dollar, the currency of the Fiji Islands , an island nation in the South Pacific Ocean east of Vanuatu, west of Tonga and south of Tuvalu. Finland ...go to the .1 MTX CURRENCY Converter: selecting this >> currency term, you will get the latest exchange rates... ...plus attached tables with more economics datas... Euro (EUR) 1 Euro = 100 Cents FIM is the ISO code* for the Finnish Markka ( 1 Markka = 100 Penni) which was the currency of Finland (a Nordic country situated in Northern Europe) from 1860 until 2002 when it was replaced bei the Euro (ISO code* EUR). ± Country rating ± Major macro economic indicators ± Risk Assessment ± France ...go to the .1 MTX CURRENCY Converter: selecting this >> currency term, you will get the latest exchange rates... ...plus attached tables with more economics datas... Euro (EUR) 1 Euro = 100 Cents FRF is the ISO code* for the French Franc ( 1 Franc = 100 Centimes) which was the currency for France (France , a country in Western Europe) until 2002, when it was replaced bei the Euro (ISO code* EUR). ± Country rating ± Major macro economic indicators ± Risk Assessment ± French Polynesia ...go to the .1 MTX CURRENCY Converter: selecting this >> currency term, you will get the latest exchange rates... ...plus attached tables with more economics datas... CFA-Franc BEAC (XAF) 1 Franc = 100 Centimes XPF is the ISO code* for the CFP Franc, a currency (called franc in everyday conversation) used in the French overseas country of French Polynesia , in the French sui generis collectivity of New Caledonia, and in the French overseas collectivity of Wallis and Futuna. Its name in French: franc pacifique or franc CFP, stood for Colonies françaises du Pacifique ("French colonies of the Pacific") and now stands for Change Franc Pacifique ("Pacific Franc Exchange"). *ISO codes: The ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). The ISO 4217 code list is the established norm in banking and business all over the world for defining different currencies......currency codes . . ADVERTISEMENT top Sources: Yahoo.com; Nasdaq.com; Wikipedia.org; Coface-usa.com; Others; .1MTX 2007 | F | . .1MTX Glossary: Currency...Codes CURRENCY Codes . FIM FIM is the ISO code* for the Finnish Markka, which was the currency of Finland, now replaced bei the Euro (EUR). 1 Markka = 100 Penni FJD FJD is the ISO code* for the Fiji Dollar, the currency of the Fiji Islands. 1 Dollar = 100 Cents FKP FKP is the ISO code* for the Falkland Islands Pound, the currency of the Falkland Islands. 1 Pound = 100 Pence FRF FRF is the ISO code* for the French Franc, which was the currency for France until 2002, when it was replaced bei the Euro (EUR). 1 Franc = 100 Centimes *ISO codes: The ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). The ISO 4217 code list is the established norm in banking and business all over the world for defining different currencies......currency codes . . ADVERTISEMENT top Sources: Yahoo.com; Nasdaq.com; Wikipedia.org; .1MTX 2007