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Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Trading basics

Belarusian economic miracle

The Belarusian economic miracle was a period of significant economic growth, urbanisation, and social change in Belarus during the late 20th and early 21st centuries. Beginning under Kirill Mazurov, the Belarusian economy began a process of industrialisation which greatly accelerated under Pyotr Masherov. It continued until the 2008 financial crisis, as Belarus endured the dissolution of

Trading basics

Bellevue Investments

Bellevue Investments GmbH & Co. KGaA is a German holding company that controls numerous subsidiaries and investments domestically and abroad. The subsidiaries have different business models and are active in the fields of software, online services, entertainment and digital content, as well as real estate. The subsidiaries currently employ approximately 350 people.

Securities & exchanges

Beneficial ownership

In domestic and international commercial law, a beneficial owner is a natural person (or persons) who ultimately owns or controls an interest in a legal entity or arrangement, such as a company, trust, or foundation. Legal owners (i.e. owners of record), commonly described as registered owners, may hold those interests as beneficial owners or for the benefit of someone else, in which cas

Trading basics

Benton Park View

Benton Park View, located in Benton, a suburb of the City of Newcastle upon Tyne, United Kingdom, is a multi-agency site of the UK Government. The complex is one of the largest secure civilian government complexes in Europe. The site is owned by Newcastle Estates Partnership and the principal tenants are His Majesty's Revenue and Customs (HMRC) and the Department for Work and Pensions (D

Banking

Berenberg family

The Berenberg family (Dutch for "bear mountain") was a Flemish-origined Hanseatic family of merchants, bankers and senators in Hamburg, with branches in London, Livorno and other European cities. The family was descended from the brothers Hans and Paul Berenberg from Antwerp, who came as Protestant refugees to the city-republic of Hamburg following the Fall of Antwerp in 1585 and who est

Securities & exchanges

Bernie Madoff

Bernard Lawrence Madoff (; April 29, 1938 – April 14, 2021) was an American financier, con artist, and stock broker who was the admitted mastermind of the largest-known Ponzi scheme in history, worth an estimated $65 billion. He was at one time chairman of the Nasdaq stock exchange. Madoff's firm had two basic units: a stock brokerage and an asset management business; the Ponzi scheme w

Banking

Better Than Cash Alliance

The Better Than Cash Alliance is a global partnership of 80 governments, companies, and International Organizations that accelerates the transition from cash to responsible digital payments to help achieve the Sustainable Development Goals (SDGs).

Finance

Bibby Financial Services

Bibby Financial Services (BFS) is a multinational corporation that provides financial services to small and medium-sized enterprises (SMEs).

Trading basics

Bill.com

BILL Holdings, Inc. is an American company based in San Jose, California, that provides automated, cloud-based software for financial operations for small businesses in the United States. A white-labeled, end-to-end payments automation platform, Bill.com Connect is offered to financial institutions as part of their single sign-on online business banking ecosystem.

Trading basics

Biomet

Biomet, Inc., was a medical device manufacturer located in the Warsaw, Indiana, business cluster. The company specialized in reconstructive products for orthopedic surgery, neurosurgery, craniomaxillofacial surgery and operating room supplies. In 2015, Biomet became part of the new company Zimmer Biomet.

Trading basics

Birds Eye

Birds Eye (also named Iglo in some countries) is an international brand of frozen foods founded in the United States and now owned by Conagra Brands in the United States, by Nomad Foods in Europe, and Simplot in Australia.

Fiat currencies

Bitcoin Satoshi Vision

Bitcoin Satoshi Vision (BSV) is a cryptocurrency that is a hard fork of Bitcoin Cash. Bitcoin Satoshi Vision was created in November 2018 by a group of individuals led by Craig Steven Wright, who has claimed since 2015 to be Satoshi Nakamoto, the creator of the original bitcoin.

Trading basics

Bitconnect

Bitconnect (stylized bitconnect and also spelled BitConnect, ticker code BCC) was an open-source cryptocurrency from 2016 to 2018 that was connected with a high-yield investment program, a type of Ponzi scheme. After the platform administrators closed the earning platform on January 16, 2018, and refunded the users' investments in BCC following a 92% coin value crash, confidence was lost

Assets

BitFuFu

BitFuFu Inc. (Nasdaq: FUFU) is a Bitcoin miner and mining services innovator headquartered in Singapore.

Assets

Bitwala

Bitwala is a Berlin-based cryptocurrency financial services company offering a self-custodial Bitcoin wallet, a Visa debit card, crypto trading, and crypto-backed loans. The company was founded in 2015 by Jörg von Minckwitz, Jan Goslicki, and Benjamin P. Jones. After operating briefly under the name Nuri from 2021 to 2022, the company returned to the Bitwala brand in late 2023 following

Payments & settlement

BKash

bKash Limited (Bengali: বিকাশ d/b/a: bKash) is a mobile financial service (MFS) in Bangladesh operating under the authority of Bangladesh Bank as a subsidiary of BRAC Bank PLC. This mobile financial service company started as a joint venture between BRAC Bank PLC, and Money in Motion LLC.

Finance

Black Sea Trade and Development Bank

The Black Sea Trade and Development Bank (BSTDB) is an international development finance institution serving the eleven member founding countries of the Black Sea Economic Cooperation, a regional economic organization. It supports economic development and regional cooperation by providing loans, guarantees, and equity for development projects and trade transactions. BSTDB supports both p

Securities & exchanges

Black–Scholes model

The Black–Scholes or Black–Scholes–Merton model is a mathematical model for the dynamics of a financial market containing derivative investment instruments. From the parabolic partial differential equation in the model, known as the Black–Scholes equation, one can deduce the Black–Scholes formula, which gives a theoretical estimate of the price of European-style options and shows that t

Payments & settlement

Blik

BLIK is a Polish mobile payment system launched in 2015. It is operated by Polski Standard Płatności (PSP).

Assets

Blockchain game

Video games can include elements that use blockchain technologies, including cryptocurrencies and non-fungible tokens (NFTs), often as a form of monetization. These elements typically allow players to trade in-game items for cryptocurrency, or represent in-game items with NFTs. Blockchain games have existed since 2017, gaining wider attention from the video game industry in 2021, when se

Networks

Blockchain privacy

Blockchain privacy describes how blockchain systems handle the confidentiality of transaction and record data. Many public blockchains can provide pseudonymity, while ledger transparency can allow transaction tracing through analysis of on-chain activity and related information. The persistence of ledger data can also create data-protection challenges in some applications, including ques

Networks

Blockchain-based Service Network

The Blockchain-based Service Network (BSN) is a backend architecture in China for developing and managing blockchain-based applications, and is split into Chinese and International uses. BSN China, designed as the backbone of China's blockchain strategy, was established in 2018 and launched in 2020 by the State Information Center under the National Development and Reform Commission of Ch

Trading basics

Blue Dot Network

The Blue Dot Network (BDN) is a multilateral organisation that promotes a certification framework for quality infrastructure projects. The initiative is a joint project of the governments of Australia, the Czech Republic, Japan, Spain, Switzerland, United Kingdom, and the United States that supports investment in high-quality infrastructure projects around the world, especially by the pr

Networks

BNB Smart Chain (blockchain platform)

BNB Smart Chain (formerly Binance Smart Chain) is a public blockchain platform that uses a proof-of-stake consensus mechanism and provides smart contract functionality. The platform's native cryptocurrency is BNB. The system is part of the broader Binance ecosystem founded in 2017 by Changpeng Zhao and Yi He.

Payments & settlement

Boku, Inc.

Boku, Inc. is a mobile payments company that allows businesses to collect online payments through both carrier billing and mobile wallets, and is headquartered in London, U.K. Boku utilizes mobile network operator (carrier) data for consumers online. Boku operates in over 90 countries globally, offering a bank-grade payment system.

Trading basics

Bond credit rating

In investment, the bond credit rating represents the creditworthiness of corporate or government bonds. The ratings are published by credit rating agencies and used by investment professionals to assess the likelihood the debt will be repaid.

Fiat currencies

Boris Vujčić

Boris Vujčić (pronounced [bǒris ʋûːjtʃitɕ]; born 2 June 1964) is a Croatian economist, university professor, serving as Vice-President of the European Central Bank since June 2026. He previously served as Governor of the Croatian National Bank.

Assets

Börse Stuttgart

Börse Stuttgart is the sixth largest exchange group in Europe. It has strategic pillars in the capital markets business as well as in the digital and cryptocurrency business. Börse Stuttgart Group employs around 700 people at its locations in Stuttgart, Berlin, Frankfurt, Ljubljana, Milan, Madrid, Stockholm, and Zürich and holds a total of 18 licences from regulatory authorities in Germa

Finance

Borussia Dortmund team bus bombing

On 11 April 2017, the tour bus of the German football team Borussia Dortmund was attacked with roadside bombs in Dortmund, Germany. Three bombs exploded as the bus ferried the team to the Westfalenstadion for the first leg of their quarter-final against Monaco in the UEFA Champions League. One of the team's players, Marc Bartra, and a policeman were wounded, but the strengthened windows

Banking

Bosna Bank International

Bosna Bank International d.d. Sarajevo, or simply BBI Banka, is a commercial bank serving Bosnia and Herzegovina headquartered in Sarajevo.

Securities & exchanges

Bourse Palace

The Bourse Palace (French: Palais de la Bourse; Dutch: Beurspaleis), often simply called the Bourse (French: la Bourse; Dutch: de Beurs), is a former stock exchange building in Brussels, Belgium. It was previously the seat of the Brussels Stock Exchange (BSE). Since 2023, its upper floors have housed the Belgian Beer World museum.

Trading basics

Bpost

Bpost (stylised bpost), also known as the Belgian Post Group, is the Belgian company responsible for the delivery of mail in Belgium. The Belgian Post Group is one of the largest civilian employers in Belgium. It provides a range of postal, courier, direct marketing, banking, insurance, and electronic services in a highly competitive European market. The headquarters are located in Bruss

Trading basics

Bradford & Bingley

Bradford & Bingley plc was a British bank with headquarters in the West Yorkshire town of Bingley.

Payments & settlement

Braintree (company)

Braintree is an American company that primarily deals in mobile and web payment systems for e-commerce companies. The company was acquired by PayPal on September 26, 2013.

Trading basics

Brand protection

Brand protection is the process and set of actions that a right holder undertakes to prevent third parties from using its intellectual property without permission or impersonating the brand for fraudulent purposes. These actions address activities that cause loss of revenue and, usually more importantly, destroys brand equity, reputation and trust. Brand protection seeks primarily to ens

Trading basics

Branded content

Branded content (also known as branded entertainment) is a type of entertainment product made or otherwise funded by an advertiser. They are designed to build awareness for a particular brand by presenting content that reflects its values and image, without necessarily being presented as a promotion first and foremost. Branded content is distinguished from product placement—a business pr

Trading basics

Branding national myths and symbols

Branding national myths and symbols (BNMS) is a field of research focusing on branding and marketing of a nation's myths and symbols. The research blends the theories of marketing, cultural communications, sociology, public relations, and semiotics. The awareness of a nation's (or a collective group's) internal myths and symbols may result in raising cultural relations between nations, a

Finance

Brass plate company

A brass plate company, or brass plate trust, is a legally constituted company lacking meaningful connection with the location of incorporation. Brass plate refers to the only tangible existence of an organization in its jurisdiction of incorporation being a nameplate attached to the wall outside its registered office. The registered office is often the same office and address of the loca

Securities & exchanges

Bremen Exchange

The Bremen Exchange (German: Bremer Börse) in Bremen was one of the eight German Regional stock exchanges until 2007. In 2000 it ceased to use the Open outcry method and in 2007 the last operative units were closed. The property of exchange's holding company went to the newly established Foundation of the Bremen Stock Exchange (Stiftung Bremer Wertpapierbörse), a non-profit organisation

Fiat currencies

Bretton Woods system

The Bretton Woods system of monetary management established the rules for commercial relations among 44 countries, including the United Kingdom, United States, Canada, European countries, and Australia, after the 1944 Bretton Woods Agreement until the Jamaica Accords in 1976. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary r

Finance

Brex

Brex, a subsidiary of Capital One, is an American fintech company that offers credit cards and cash management accounts as well as a spend management software platform to startup technology companies.

Banking

British banking law

British banking law refers to banking law in the United Kingdom, to control the activities of banks.

Trading basics

British investment in Argentina

Foreign direct investment by Great Britain into Argentina was attempted, initially with little success, from the early years after Argentina's independence from Spain in the 1820s. However, it grew to large proportions in the second half of the 19th century and remained so up to the Second World War, in association with greater political stability and favourable policies in Argentina. Br

Securities & exchanges

Brussels Stock Exchange

The Brussels Stock Exchange (French: Bourse de Bruxelles [buʁs də bʁysɛl]; Dutch: Beurs van Brussel [ˈbøːrs fɑm ˈbrʏsəl]), abbreviated to BSE, is a stock exchange founded in Brussels, Belgium, by decree of Napoleon in 1801. In 2000, the BSE merged with the Amsterdam, Lisbon and Paris stock exchanges into Euronext, renaming the BSE Euronext Brussels. The benchmark stock market index on th

Trading basics

Budapest Stock Exchange

Budapest Stock Exchange (BSE) (Hungarian: Budapesti Értéktőzsde, pronounced [ˈbudɒpɛʃti ˈeːrteːktøːʒdɛ] (BÉT)) is the third largest stock exchange in Central and Eastern Europe by market capitalization and liquidity. It is located at 55 Krisztina Boulevard, Budapest, Hungary, in the Buda Centre of the Hungarian National Bank Previously, from 1864, during the Austro-Hungarian Empire it wa

Trading basics

Budget

A budget is a calculation plan, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows. Companies, governments, families, and other organiz

Finance

Budget Committee (Germany)

In the Federal Republic of Germany, the federal parliament (Bundestag) and all state parliaments (Landtage) have established Budget Committees (Haushaltsausschuss), standing parliamentary committees generally responsible for deliberations on the budget act and for parliamentary oversight of budget execution.

Trading basics

Buffer stock scheme

A buffer stock scheme (commonly implemented as intervention storage, the "ever-normal granary") is a price stabilization scheme in which surplus commodities are bought and stored for later sale during shortages, usually for an individual commodity market or an entire economy.

Finance

Build–operate–transfer

Build–operate–transfer (BOT) or build–own–operate–transfer (BOOT) is a form of project delivery method, usually for large-scale infrastructure projects, wherein a private entity receives a concession from the public sector (or the private sector on rare occasions) to finance, design, construct, own, and operate a facility stated in the concession contract. The private entity will have th

Banking

Bulgarian Development Bank

Bulgarian Development Bank (Bulgarian: Българска банка за развитие, Balgarska banka za razvitie) (BDB) is a leading Bulgarian development and commercial bank with headquarters in Sofia. It is one of the largest development institutions in Southeast Europe that provides financing and professional advising for the purposes of development. It is the largest Bulgarian financing facility prov

Securities & exchanges

Bull spread

In options trading, a bull spread is a vertical spread options strategy that is designed to profit from a moderate rise in the price of the underlying security.

Payments & settlement

Bunq

Bunq B.V. (English: , Dutch: [bʏŋk]; stylized in all lowercase), is a fintech and neobank licensed in the Netherlands and operating within 30 European countries. It is headquartered in Amsterdam.

Trading basics

Business Growth Fund

BGF, established in 2011 as the Business Growth Fund, is a leading European mid-market private equity and investment firm that provides scaleup support for small and mid-sized businesses. The firm is recognised as The United Kingdom and Ireland's most active growth equity investor.

Assets

Bybit

Bybit is a Dubai-based cryptocurrency exchange that was originally founded in China. The platform has faced regulatory warnings in several jurisdictions.

Trading basics

Cadre (company)

RealCadre LLC, commonly Cadre, is an American financial technology company that provides individuals and institutions direct access to real estate investment properties, including commercial properties based in New York. The business and financial press describe it as a platform that "makes the real estate market more like the stock market" by allowing investors to select the individual

Securities & exchanges

Calendar spread

In finance, a calendar spread (also called a time spread or horizontal spread) is a spread trade involving the simultaneous purchase of futures or options expiring on a particular date and the sale of the same instrument expiring on another date. These individual purchases, known as the legs of the spread, vary only in expiration date; they are based on the same underlying market and str

Finance

California Municipal Treasurers Association

California Municipal Treasurers Association (CMTA) is the professional society of active public treasurers of California counties, cities, and special districts. It sets ethical standards for the treasury profession in state and local government in California.

Finance

California Society of Municipal Finance Officers

The California Society of Municipal Finance Officers (or CSMFO) is a professional association of state, county, and local government finance officers in California. The California Society of Municipal Finance Officers is the statewide organization serving all California municipal finance professionals, an affiliate of the nationwide Government Finance Officers Association (GFOA). Membe

Securities & exchanges

Callable bull/bear contract

A callable bull/bear contract, or CBBC in short form, is a derivative financial instrument that provides investors with a leveraged investment in underlying assets, which can be a single stock, or an index. CBBC is usually issued by third parties, mostly investment banks, but neither by stock exchanges nor by asset owners. It was first introduced in Europe and Australia in 2001, and it i

Securities & exchanges

Cantor Fitzgerald

Cantor Fitzgerald, L.P. is an American financial services firm that was founded in 1945. Cantor Fitzgerald's 1,600 employees work in more than 30 locations, including financial centers in the Americas, Europe, Asia-Pacific, and the Middle East. Together with its affiliates, Cantor Fitzgerald operates in more than 60 offices in 20 countries and has more than 12,000 employees. The firm con

Payments & settlement

Capital account

In macroeconomics and international finance, the capital account, also known as the capital and financial account, records the net flow of investment into an economy. It is one of the two primary components of the balance of payments, the other being the current account. Whereas the current account reflects a nation's net income, the capital account reflects net change in ownership of na

Finance

Capital asset

A capital asset is defined as property of any kind held by an assessee. It need not be connected to the assesse's business or profession. The term encompasses all kinds of property, movable or immovable, tangible or intangible, fixed or circulating. Land and building, plant and machinery, motorcar, furniture, jewellery, route permits, goodwill, tenancy rights, patents, trademarks, shares

Trading basics

Capital control

Capital controls are residency-based measures such as transaction taxes, other limits, or outright prohibitions that a nation's government can use to regulate flows from capital markets into and out of the country's capital account. These measures may be economy-wide, sector-specific (usually the financial sector), or industry specific (e.g. "strategic" industries). They may apply to all

Trading basics

Capital formation

Capital formation is a concept used in macroeconomics, national accounts and financial economics. Occasionally it is also used in corporate accounts. It can be defined in three ways:

Trading basics

Capital gain

Capital gain is an economic concept defined as the profit earned on the sale of an asset that has increased in value over the holding period. An asset may be tangible property, a car, a business, or intangible property such as shares.

Trading basics

Capital Markets Union

The Capital Markets Union (CMU) is an economic policy initiative launched by the former president of the European Commission, Jean-Claude Juncker in the initial exposition of his policy agenda on 15 July 2014. The main target was to create a single market for capital in the whole territory of the EU by the end of 2019. The reasoning behind the idea was to address the issue that corporate

Trading basics

Capital requirement

Capital requirements (or capital adequacy requirements) refer to the set of rules and guidance that banks must observe in most current bank prudential frameworks as exist in individual jurisdictions. They form a central component of bank regulation and supervision.

Finance

Capital Requirements Directives

The Capital Requirements Directives (CRD) for the financial services industry have introduced a supervisory framework in the European Union which reflects the Basel II and Basel III rules on capital measurement and capital standards.

Trading basics

Capitalism

Capitalism is an economic system based on the private ownership of the means of production and its use for the purpose of obtaining profit. This socioeconomic system has developed historically in several stages and is defined by a number of constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on inn

Finance

Capitalization rate

Capitalization rate (or "cap rate") is a real estate valuation measure used to compare different real estate investments. Although there are many variations, the cap rate is generally calculated as the ratio between the annual rental income produced by a real estate asset to its current market value. Most variations depend on the definition of the annual rental income and whether it is

Networks

Cardano (blockchain platform)

Cardano is a public decentralized blockchain platform which uses the cryptocurrency, ADA, to facilitate transactions.

Securities & exchanges

Carl Icahn

Carl Celian Icahn (; born February 16, 1936) is an American businessman and investor. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in Sunny Isles Beach, Florida. Icahn's business model is to take large stakes in companies that he believes will appreciate from changes to corporate policy; Icahn then

Finance

Carmen Reinhart

Carmen M. Reinhart (née Castellanos, born October 7, 1955) is a Cuban-American economist and the Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School. Previously, she was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Professor of Economics and Director of the Center for International Economics at t

Trading basics

Carry (investment)

The carry of an asset is the return obtained from holding it (if positive), or the cost of holding it (if negative) (see also cost of carry). For instance, commodities are usually negative carry assets, as they incur storage costs or may suffer from depreciation. But in some circumstances, appropriately hedged commodities can be positive carry assets if the forward/futures market is will

Payments & settlement

Carta Worldwide

Carta Worldwide is a Canadian financial technology company that offers digital payments technology and modern card issuer processing for banks and financial technology "fintech" companies. In addition to their Canadian headquarters in Toronto, Carta has offices in London, Casablanca, and Charlottetown, PEI. Carta operates internationally, providing financial technology and digital payme

Finance

Casablanca Finance City

Casablanca Finance City (CFC; Arabic: القطب المالي للدار البيضاء) is a financial and business center located in Casablanca, Morocco. It serves as a regional hub for financial institutions, multinational corporations, and professional service firms operating in Africa.

Trading basics

Cascading failure

A cascading failure is a failure in a system of interconnected parts in which the failure of one or few parts leads to the failure of other parts, growing progressively as a result of positive feedback. This can occur when a single part fails, increasing the probability that other portions of the system fail. Such a failure may happen in many types of systems, including power transmissio

Banking

Cash Group

Cash Group is a cooperation of the four largest German private banks (Deutsche Bank, Commerzbank, HypoVereinsbank, and Postbank) and their subsidiaries, in which they mutually waive ATM usage fees for their customers. It is not an interbank network but uses the pre-existing girocard network. With more than 4500 ATMs, the cooperating banks' ATM networks form the third largest ATM network

Finance

Cash out refinancing

Cash out refinancing (in the case of real property) occurs when a loan is taken out on property already owned in an amount above the cost of transaction, payoff of existing liens, and related expenses. Strictly speaking, all refinancing of debt is "cash-out," when funds retrieved are utilized for anything other than repaying an existing loan.

Finance

Cashless society

In a cashless society, financial transactions are not conducted with physical banknotes or coins, but instead with digital information (usually an electronic representation of money). Cashless societies have existed from the time when human society came into existence, based on barter and other methods of exchange, and cashless transactions have also become possible in modern times using

Trading basics

Catholic Near East Welfare Association

The Catholic Near East Welfare Association (abbreviated CNEWA, pronounced "k-NAY-wah" ) is a papal agency established in 1926 and dedicated to giving pastoral and humanitarian support to Northeast Africa, the Middle East, Eastern Europe, and India. CNEWA operates specifically in areas of concentrated mass poverty, war, and displacement, providing human dignity and addressing basic needs

Trading basics

Catlin Group

Catlin Group Limited was a Bermuda-based specialty insurance and reinsurance company. Catlin operated six underwriting hubs worldwide and operated more than 55 offices worldwide. It owned the largest syndicate at Lloyd's of London, based on 2011 gross written premiums. Catlin shares were listed on the London Stock Exchange until it was acquired by XL Group plc in May 2015.

Banking

Celebrity bond

A celebrity bond is commercial debt security issued by a holder of fame-based intellectual property rights to receive money upfront from investors on behalf of the bond issuer and their celebrity clients in exchange for assigning investors the right to collect future royalty monies to the works covered by the intellectual property rights listed in the bond. Typically backed by music prop

Trading basics

Celtic Tiger

The "Celtic Tiger" (Irish: An Tíogar Ceilteach) is a term referring to the economy of Ireland from the mid-1990s to the end of the first decade of the 21st century, a period of rapid real economic growth fuelled by foreign direct investment. The boom was dampened by a subsequent property bubble in 2007 which brought forth a severe economic downturn culminating in 2008's Great Recession.

Banking

Central bank independence

Central bank independence refers to the degree of autonomy and freedom a central bank has in conducting its monetary policy and managing the financial system and inflation targeting. The purpose of central bank independence is to maintain price stability, enhance the effectiveness of monetary policy, and ensure the stability of the financial system. Independent central banks have more cr

Finance

Central bank liquidity swap

Central bank liquidity swap, known as a swap line, is a type of cross-currency swap used by a country's central bank to provide liquidity of its currency to another country's central bank. In a liquidity swap, the lending central bank uses its currency to buy the currency of another borrowing central bank at the market exchange rate, and agrees to sell the borrower's currency back at a r

Banking

Central Bank of Honduras

The Central Bank of Honduras (Spanish: Banco Central de Honduras) is the central bank of Honduras, established in 1950. The president of the bank is appointed by President of Honduras for a term of four years.

Banking

Central Bank of Paraguay

The Central Bank of Paraguay (Spanish: Banco Central del Paraguay) is Paraguay's highest monetary authority, and the country's governing body, in finances and economics. Its headquarters are in Asunción's Carmelitas neighbourhood.

Finance

Central counterparty clearing

A central clearing counterparty (CCP), also referred to as a central counterparty, is a financial market infrastructure organization that takes on counterparty credit risk between parties to a transaction and provides clearing and settlement services for trades in foreign exchange, securities, options, and derivative contracts. CCPs are highly regulated institutions that specialize in ma

Payments & settlement

Central Electronic System of Payments

The Central Electronic System of Payments (CESOP) regime is an automatic exchange of information regime being introduced in the European Union from 1 January 2024. The rules were introduced by Council Directive 2020/284, amending the EU's Value-added tax Directive.

Trading basics

Central European Media Enterprises

Central European Media Enterprises (CME) is a media and entertainment group owned by PPF Group. It operates television businesses across seven countries in Central and Eastern Europe. Its main networks include TV Nova in the Czech Republic, Markíza in Slovakia, Pro TV in Romania, bTV in Bulgaria, RTL in Croatia and POP TV in Slovenia. CME operates 47 television channels reaching about 49

Banking

Central Reserve Bank of Peru

The Central Reserve Bank of Peru (Spanish: Banco Central de Reserva del Perú; BCRP) is the Peruvian central bank. It mints and issues metal and paper money, the sol.

Trading basics

Century 21 Organisation

The Century 21 Organisation was a group of companies founded by Gerry Anderson in the early 1960s to expand on his television production company, AP Films (APF; later Century 21 Productions). In addition to APF, the group included:

Trading basics

CFA franc

CFA franc (French: franc CFA, [fʁɑ̃ seɛfɑ]) is the name of two currencies used by 227 million people (as of 2026) in fourteen African countries:

Trading basics

Champagne in popular culture

Champagne has featured prominently in popular culture for over a century, due in part to a long history of effective marketing and product placement by leading champagne houses and their representatives, such as CIVC. In time this created an association of champagne with luxury and exclusivity. The popularity and positive attributes associated with champagne have caused many other sparkl

Payments & settlement

CHAPS

The Clearing House Automated Payment System (CHAPS) is a real-time gross settlement payment system used for sterling transactions in the United Kingdom. It is mainly used by financial institutions to make wholesale financial payments and by large companies to make corporate treasury payments. In 2024, 52.7 million CHAPS payments were made, worth a total of £87.5 trillion. This made up ju

Payments & settlement

Checkout.com

Checkout.com (legally incorporated as Checkout Ltd.) is a financial technology company headquartered in London, United Kingdom. It provides payment processing services, operating as a payment gateway, acquirer, and processor for enterprise clients in sectors such as e-commerce, technology, and media. In 2022, It had a valuation of $40 billion making it the most valuable European fintech

Trading basics

Cherry AG

Cherry AG (formerly Cherry Corporation and stylized as CHERRY) is a German computer peripheral-device maker. The company has its roots in the United States and is headquartered in Germany. It has additional offices in the United States, France, and China. They manufactured a large range of products including sensors, vibrators and automotive modules until 2008, when Peter Cherry, the son

Networks

Chia Network

Chia Network is a proof-of-space and proof-of-time-based blockchain. It issues the digital currency Chia (XCH). It was founded in 2017 by Bram Cohen, the creator of BitTorrent, and Ryan Singer. Its headquarters are in South San Francisco, California.

Banking

Chief economist

A chief economist is a single-position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the planning, supervision, and coordination of the economic research.