Industry WIKI
Digital assets and currencies
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Sterling area
The sterling area (or sterling bloc, legally scheduled territories) was a group of countries that either adopted or pegged their currencies to the pound sterling.
FinanceStock market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called as shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as stock that is only traded privately, such as shares of private companies that are sold to investors through equity crowdfunding platforms. Invest
Securities & exchangesStock market equivalence
Stock market equivalence is granted by the European Union to those countries whose stock markets are deemed to be 'equivalent' to those of the EU countries. On 3 January 2018, the EU implemented the "Markets in Financial Instruments Directive II" (colloquially known as "MiFID II") which required all European investment firms & traders to trade the shares of a company listed in the EU on
BankingTARGET2-Securities
TARGET2-Securities, in shorthand T2S, is the Eurosystem's platform for securities settlement in central bank money. T2S offers centralised delivery-versus-payment (DvP) settlement across several European securities markets, without being itself a central securities depository (CSD) since it does not offer CSD services such as custody or asset servicing.
Trading basicsTicketer
Ticketer is the brand name for a range of electronic ticket machines provided by British company Corvia Ltd, primarily for usage on buses. The cloud-based system, first marketed on a small scale in 2008, has since developed into a rival to the three major ticket issuing systems used by bus companies throughout Britain.
Trading basicsTopstep
Topstep is a trader education and fintech enterprise, headquartered in Chicago, Illinois, active in more than 170 countries worldwide and founded by Michael Patak. It specializes in evaluating the performance of day traders through real-time simulated trading accounts. Originally founded as TopstepTrader, the company rebranded as Topstep in 2020 and was the first company to run a large
Trading basicsTravelex
Travelex International Limited is a foreign exchange company founded by Lloyd Dorfman and headquartered in Peterborough, United Kingdom. Its main businesses are foreign currency exchange, issuing prepaid credit cards for use by travellers, supplying central banks with foreign currency and global remittance. Travelex operates more than 600 stores and 700 ATMs in over 20 countries.
Fiat currenciesTriffin dilemma
In international finance, the Triffin dilemma (sometimes the Triffin paradox) is the conflict of economic interests that arises between short-term domestic and long-term international objectives for countries whose currencies serve as global reserve currencies. This dilemma was identified in the 1960s by Belgian-American economist Robert Triffin. He noted that a country whose currency i
Payments & settlementTruck wages
Truck wages are wages paid not in conventional money but instead in the form of payment in kind (i.e. commodities, including goods and/or services); credit with retailers; or a money substitute, such as scrip, chits, vouchers or tokens. Truck wages are a characteristic of a truck system, and are banned by the labour legislation of many countries.
Securities & exchangesUNIDROIT
UNIDROIT (formally, the International Institute for the Unification of Private Law; French: Institut international pour l'unification du droit privé) is an intergovernmental organization whose objective is to harmonize private international law across countries through uniform rules, international conventions, and the production of model laws, sets of principles, guides and guidelines. E
Fiat currenciesUnited States dollar
The United States dollar (symbol: $; currency code: USD) is the official currency of the United States (U.S.) and several other countries. The U.S. Coinage Act of 1792 established the dollar as the base unit, with each dollar divided into 100 cents (symbol: ¢). U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green col
Trading basicsVulture fund
A vulture fund is a hedge fund or private-equity fund that invests in debt considered to be very weak or in default, known as distressed debt. Investors in the fund profit by buying debt at a discounted price on a secondary market and then using numerous methods to sell the debt for more than the purchasing price. Debtors include companies, countries, and individuals.
Trading basicsWest African CFA franc
The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union (UEMOA): Benin, Burkina Faso, Côte d'Ivoire (Ivory Coast), Guinea-Bissau, Mali, Niger, Senegal and Togo. These eight countries had a combined population of 105.7 m
FinanceWorld Pensions & Investments Forum
The World Pensions Forum, also called World Pensions & Investments Forum, is a research and policy oriented conference organised by M. Nicolas Firzli, founder of the World Pensions Council (WPC), in partnership with regional and supranational organisations, large public and private institutional investors from G10 countries, the emerging nations of Eastern Europe, Latin America, Asia and
Payments & settlementWorldpay, Inc.
Worldpay is an American multinational financial technology company and payment processing company. It provides payment and technology services to merchants and financial institutions globally generating 40 billion transactions across 146 countries and 135 currencies.
Trading basicsWorldRemit
WorldRemit is a digital cross border remittance business that provides international money transfer and remittance services in more than 130 countries and over 70 currencies. It was founded in 2010 by Ismail Ahmed, Catherine Wines, and Richard Igoe. It is owned by Zepz, which also owns Sendwave.
Trading basicsXoom (money transfer service)
Xoom (previously known as Xoom Corporation) is a digital money transfer service owned by PayPal that enables users to send money internationally to recipients in 160 countries. The service allows individuals in the United States, Canada, the United Kingdom, and select European countries to transfer funds through bank deposit, mobile wallet, and cash pickup options. Xoom also offers inter
Trading basicsXsolla
Xsolla is an American financial technology company that makes payment software for video games. It was founded in 2005 in Perm, Russia, by Aleksandr Agapitov. As of 2022, it had 500 employees. The company's core product is Pay Station, a suite of tools for integrating payment systems. It can be used to accept more than 1000+ payment types in more than 200 countries. Xsolla software was u
Payments & settlementYooMoney
YooMoney branded as ЮMoney, (formerly Yandex.Money) is an e-commerce payment system. It is 100% owned by Sberbank and operates in Russia and nearby countries.