XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

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

Finance

The Financier

The Financier is a novel by Theodore Dreiser, based on real-life streetcar tycoon Charles Yerkes. Dreiser started writing his manuscript in 1911, and the following year published the first part of his lengthy work as The Financier. The second part appeared in 1914 as The Titan; the third volume of his Trilogy of Desire was also Dreiser's final novel, The Stoic (1947).

Finance

The Foreign Exchange Regulation Act, 1947 (Bangladesh)

The Foreign Exchange Regulation Act, 1947 (known as FERA) is a law enacted and was officially published by the government of Pakistan and still applicable in Bangladesh, which was East Pakistan before independence, to regulate certain payments, dealings in foreign exchange and securities, and the import and export of currency and bullion.

Trading basics

The Glass Hotel

The Glass Hotel is a 2020 novel by Canadian writer Emily St. John Mandel. It is Mandel's fifth novel, and the first since winning the Arthur C. Clarke Award with her novel Station Eleven in 2015. It follows the aftermath of a disturbing graffiti incident at a hotel on Vancouver Island and the collapse of an international Ponzi scheme.

Trading basics

The Gold Standard and the Logic of Naturalism

The Gold Standard and the Logic of Naturalism is a non-fiction book written by literary theorist and author Walter Benn Michaels and first published in 1988 by the University of California Press.

Trading basics

The Good Judgment Project

The Good Judgment Project (GJP) is an organization dedicated to "harnessing the wisdom of the crowd to forecast world events". It was co-created by Philip E. Tetlock (author of Superforecasting: The Art and Science of Prediction and Expert Political Judgment), decision scientist Barbara Mellers, and Don Moore, all professors at the University of Pennsylvania.

Fiat currencies

The Great Debasement

The Great Debasement (1544–1551) was a currency debasement policy introduced in 1544 England under the order of Henry VIII which saw the amount of precious metal in gold and silver coins reduced and in some cases replaced entirely with cheaper base metals such as copper. Overspending by Henry VIII to pay for his lavish lifestyle and to fund foreign wars with France and Scotland are cited

Finance

The Greed of Man

The Greed of Man is a Hong Kong television series first broadcast on TVB Jade in 1992. The story, spanning three decades from the 1970s to the 1990s in Hong Kong and Taiwan, addresses various social and financial phenomena of the times, from triad violence to corruption in the Hong Kong Stock Exchange. It featured a top roster cast, including veteran TVB actors Adam Cheng and Damian Lau

Securities & exchanges

The International Stock Exchange

The International Stock Exchange (TISE) is a stock exchange headquartered in St. Peter Port, Guernsey.

Fiat currencies

The Market for Lemons

"The Market for 'Lemons': Quality Uncertainty and the Market Mechanism" is a widely cited seminal paper in the field of economics which explores the concept of asymmetric information in markets. The paper was written in 1970 by George Akerlof and published in the Quarterly Journal of Economics. The paper's theory has since been applied to many types of markets.

Banking

The Mask (1994 film)

The Mask is a 1994 slapstick superhero American comedy film loosely based on the 1991 comic book series by John Arcudi and Doug Mahnke. Directed by Chuck Russell and written by Mike Werb, the film stars Jim Carrey in the title role, along with Peter Riegert, Peter Greene, Amy Yasbeck, Richard Jeni, and Cameron Diaz. The plot follows Stanley Ipkiss (Carrey), a hapless and timid bank telle

Finance

The Millionaire Next Door

The Millionaire Next Door: The Surprising Secrets of America's Wealthy (ISBN 0-671-01520-6) is a 1996 book by Thomas J. Stanley and William D. Danko. The book is a compilation of research done by the two authors in the profiles of American millionaires.

Finance

The Motley Fool

The Motley Fool is a private financial and investing advice company based in Alexandria, Virginia. It was founded in July 1993 by co-chairmen and brothers David Gardner and Tom Gardner, and Todd Etter and Erik Rydholm. The company employs over 300 people worldwide.

Finance

The Navigator (Pocalyko novel)

The Navigator is a literary financial thriller novel written by Michael Pocalyko and published by Forge Books, an imprint of Macmillan Publishers. It tells the story of "the world's first trillion dollar deal" against a backdrop of Wall Street dealmaking, Washington political intrigue, the relationship of two brothers, and international espionage.

Finance

The Panic

The Panic is a 2025 American period drama film about the Panic of 1907 in New York City, based on true events. Written and directed by Daniel Adams, the film stars Cary Elwes, Colm Meaney, Cristiana Dell'Anna, Justin Chatwin, and Malcolm McDowell.

Finance

The paradox of banknotes

In economics, the paradox of banknotes or cash paradox is the observation that while the share of cash transactions has fallen over the past few decades due to alternative forms of payment such as credit cards and other electronic payment instruments, the demand for physical currency, measured as the ratio of currency in circulation (CIC) to GDP, has been steadily increasing since the ea

Finance

The Philosophy of Money

The Philosophy of Money (1900; German: Philosophie des Geldes) is a book on economic sociology by German sociologist and social philosopher Georg Simmel. Considered to be the theorist's greatest work, Simmel's book views money as a structuring agent that helps people understand the totality of life.

Finance

The Points Guy

The Points Guy (TPG) is an American travel website and blog that produces sponsored news and stories on travel, means of accumulating and using airline points and miles, and credit cards (in particular, credit card reviews). The site was founded in 2010 and was initially a blog written by founder Brian Kelly. By 2017, the site employed 20 full-time staff in addition to 50 freelance contr

Finance

The Roaring Twenties

The Roaring Twenties is a 1939 American gangster film directed by Raoul Walsh and starring James Cagney, Priscilla Lane, Humphrey Bogart, and Gladys George. The film, spanning the period from 1919 to 1933, was written by Jerry Wald, Richard Macaulay and Robert Rossen. The film follows three men and their experiences during major events in the 1920s, such as Prohibition era violence and t

Finance

The Security Printing Corporation (Bangladesh) Ltd.

The Security Printing Corporation (Bangladesh) Ltd. (SPCBL; Bengali: দি সিকিউরিটি প্রিন্টিং কর্পোরেশন (বাংলাদেশ) লিমিটেড) is the main printer of banknotes and government postal stamps in Bangladesh.

Trading basics

The Superinvestors of Graham-and-Doddsville

"The Superinvestors of Graham-and-Doddsville" is an article by Warren Buffett promoting value investing, published in the Fall, 1984 issue of Hermes, Columbia Business School magazine. It was based on a speech given on May 17, 1984, at the Columbia University School of Business in honor of the 50th anniversary of the publication of Benjamin Graham and David Dodd's book Security Analysis.

Finance

The Trading Floor

The Trading Floor is a 2018 Hong Kong financial thriller television miniseries produced by Andy Lau and directed by Wong Kwok-keung. The series stars Francis Ng, Joseph Chang and Yu Nan, with special appearances by Patrick Tam and Maggie Cheung, while the recurring cast includes Liu Kai-chi, Carlos Chan, Poon Chan-leung, Jacky Cai and Jiang A-Joe. Co-produced by Fox Networks Group, Tence

Finance

The Two-Income Trap

The Two-Income Trap: Why Middle-Class Mothers and Fathers Are Going Broke is a 2004 popular nonfiction book by Elizabeth Warren and her daughter Amelia Warren Tyagi. The book examines the causes of increasing rates of personal bankruptcy and economic insecurity in American households. It was reissued in 2016.

Finance

The Wangs vs. the World

The Wangs vs. the World is the debut comic novel by Jade Chang, published in 2016. The novel chronicles the cross-country road trip of Chinese/Taiwanese immigrant Charles Wang and his family to his eldest daughter's house after Wang's bankruptcy during the 2008 financial crisis. As common to immigrant families, dialogue between family members is conducted in a mix of the adopted country'

Securities & exchanges

Thematic investing

Thematic investing is a form of investment that aims to identify macro-level trends and the underlying investments that stand to benefit from the materialisation of those trends. Thematic investing aims to seize opportunities arising from megatrends likely to shape the global economy in the decades ahead.

Finance

Theory of fructification

In economics, the theory of fructification is a theory of the interest rate which was proposed by French economist and finance minister Anne Robert Jacques Turgot in his 1770 book Reflections on the Formation and Distribution of Wealth. The term theory of fructification is due to Eugen von Böhm-Bawerk, who considered Turgot as the first economist who tried to develop a scientific explana

Finance

TheStreet

TheStreet is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as TheStreet Pro, a stock recommendation portfolio managed by Chris Versace. TheStreet was founded by Marty Peretz and Jim Cramer, and the site boasted numerous notable former contributors, including Aaron Task, Herb Gr

Finance

ThetaRay

ThetaRay is a fintech software and big data analytics company with headquarters in Hod HaSharon, Israel and New York, and offices in Madrid, London, and Singapore.

Finance

Think Big and Kick Ass

Think Big and Kick Ass: In Business and in Life is a non-fiction book by Donald Trump and Bill Zanker, first published in hardcover in 2007 by HarperCollins. Another edition was subsequently published in paperback in 2008 under the title Think Big: Make It Happen in Business and Life. Trump and Zanker had prior business ventures together before writing the book; Zanker's company helped g

Assets

Thodex

Koineks Teknoloji A.Ş., known online as Thodex, was a Turkey-based cryptocurrency exchange founded by Faruk Fatih Özer.

Fiat currencies

Thomas H. Greco Jr.

Thomas Henry Greco Jr. (October 9, 1936 – June 15, 2026) was an American community economist, who wrote and consulted on monetary exchange alternatives, including private credit clearing systems, complementary currencies and local currencies.

Payments & settlement

Threshold pledge system

The threshold pledge or fund and release system is a way of making a fundraising pledge as a group of individuals, often involving charitable goals or financing the provision of a public good. An amount of money is set as the goal or threshold to reach for the specified purpose and interested individuals will pitch in, but the money at first either remains with the pledgers or is held in

Securities & exchanges

Ticker symbol

A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular publicly listed company or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities. Some exchanges include ti

Securities & exchanges

Ticker tape

Ticker tape was the earliest electrical dedicated financial communications medium, transmitting stock price information over telegraph lines, in use from around 1870 to 1970. It consisted of a paper strip that ran through a machine called a stock ticker, which printed abbreviated company names as alphabetic symbols followed by numeric stock transaction price and volume information. The t

Trading basics

Ticketer

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.

Payments & settlement

Ticketing and Reservation System

Ticketing and Reservation System (TRS, 铁路客票发售和预订系统) is software used for rail ticketing in China Railways. It was developed by the China Academy of Railway Sciences. The first release was in 1996. As of December 2009, the version in use was version 5.2. It was named SMART before (excluding) version 4.0. It runs on Microsoft Windows.

Trading basics

TikTok Shop

TikTok Shop is an e-commerce feature of the video hosting service TikTok. Officially launched in September 2023, the feature enables users interested in starting a business and generating income to upload their curated products on TikTok for others to discover and purchase. Daily sales averaged approximately US$7 million in October 2023.As of October 2026, it has been estimated that 54 m

Trading basics

Tillie the All-Time Teller

Tillie the All-Time Teller was one of the first ATMs, run by the First National Bank of Atlanta and considered to be one of the most successful ATMs in the banking industry. Tillie the All-Time Teller had a picture of a smiling blonde girl on the front of the machine to suggest it was user-friendly, had an apparent personality, and could greet people by name. Many banks hired women dre

Banking

Time deposit

A time deposit or term deposit (also known as a certificate of deposit in the United States, and as a guaranteed investment certificate in Canada) is a deposit in a financial institution with a specific maturity date or a period to maturity, commonly referred to as its "term". Time deposits differ from at call deposits, such as savings or checking accounts, which can be withdrawn at any

Trading basics

Time preference

In behavioral economics, time preference (or time discounting, delay discounting, temporal discounting, long-term orientation) is the current relative valuation placed on receiving a good at an earlier date compared with receiving it at a later date. Applications for these preferences include finance, health, and climate change.

Finance

Timeline of artificial intelligence risks in global finance

The following article is a broad timeline of the course of events related to artificial intelligence risks in global finance.

Finance

Tingo Group

Tingo Group, Inc. (formerly Tingo Inc.) was a publicly traded fintech and agri-fintech conglomerate initially established in Nigeria, with operations across Africa, Southeast Asia, and the Middle East.

Finance

Tipalti

Tipalti is an American multinational financial technology company headquartered in Foster City, California, with offices in Amsterdam, London, Plano, Tbilisi, Tel Aviv, Toronto, and Vancouver. The company provides accounts payable, procurement, expense management, and global payments automation software for businesses.

Banking

TIPANET

TIPANET (Transferts Interbancaires de Paiement Automatisés) is an international payment system set up by the European cooperative banks. Its shareholders were Natexis Banques Populaires, France; Banca Popolare Commercio e Industria, Italy; Istituto Centrale delle Banche Popolari Italiane, Italy; Banco Popular de España, Spain; Crédit Professionnel, Belgium; The Cooperative Bank plc, Unit

Trading basics

Title retention clause

A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations (usually payment of the purchase price).

Trading basics

To rob Peter to pay Paul

"To rob Peter to pay Paul", and similar variants that have developed over the centuries such as "to borrow from Peter to pay Paul", and "to unclothe Peter to clothe Paul", are English idioms meaning to take from one person to give to another, especially when it results in the elimination of one debt by incurring another. Similar phrases are found in many languages. "Manoeuvring the Apost

Payments & settlement

Toast, Inc.

Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.

Finance

Tobin tax

A Tobin tax was originally defined as a tax on all spot conversions of one currency into another. It was suggested by James Tobin, an economist who won the Nobel Memorial Prize in Economic Sciences. Tobin's tax was originally intended to penalize short-term financial round-trip excursions into another currency. By the late 1990s, the term Tobin tax was being applied to all forms of shor

Finance

Tobin's q

Tobin's q (or the q ratio, and Marris's v), is the ratio between a physical asset's market value and its replacement cost. It was first introduced by Robin Marris as a firm-level microeconomic variable in his 1964 book The Economic Theory of Managerial Capitalism, and was shortly afterwards further analysed by Richard Kahn in early drafts of his paper Notes on the Rate of Interest and th

Trading basics

Token coin

In numismatics, token coins or trade tokens are coin-like objects used instead of coins. The field of token coins is part of exonumia and token coins are token money. Their denomination is shown or implied by size, color or shape. They are often made of cheaper metals like copper, pewter, aluminium, brass and tin, or non-metals like bakelite, leather and porcelain.

Assets

Tokenomics

Tokenomics is the study and analysis of the economic aspects of a cryptocurrency or blockchain project, with a particular focus on the design and distribution of its native digital tokens. The term is a portmanteau of words token and economics.

Finance

Tokio Marine

Tokio Marine Holdings, Inc., is a multinational insurance holding company headquartered in Tokyo, Japan. It is the largest property/casualty insurance group in Japan in terms of revenue and is the parent company for the Tokio Marine Group which employs 39,000 people in 38 countries worldwide.

Trading basics

Tokyo Commodity Exchange

The Tokyo Commodity Exchange (Japanese: 東京商品取引所, Hepburn: Tōkyō Shōhin Torihikijo), or TOCOM, is an energy exchange in Tokyo, Japan. TOCOM is operated by Tokyo Commodity Exchange, Inc. (Japanese: 株式会社東京商品取引所, Hepburn: Kabushiki Gaisha Tōkyō Shōhin Torihikijo; Corporate Number: 4010001121906), a wholly owned subsidiary of Japan Exchange Group (JPX). Under the Commodity Derivatives Transac

Networks

Tom Clancy's Ghost Recon Breakpoint

Tom Clancy's Ghost Recon Breakpoint is an online tactical shooter video game developed by Ubisoft Paris and published by Ubisoft. The game was released worldwide on 4 October 2019 for PlayStation 4, Windows, and Xbox One, and on 18 December 2019 for Stadia. The game is the eleventh installment in the Tom Clancy's Ghost Recon franchise and is a narrative sequel to the 2017 video game Tom

Trading basics

Tone at the top

"Tone at the top" is a term that originated in the field of accounting and is used to describe an organization's general ethical climate, as established by its board of directors, audit committee, and senior management. Having good tone at the top is believed by business ethics experts to help prevent fraud and other unethical practices. The very same idea is expressed in negative terms

Trading basics

Tontine

A tontine () is an investment linked to a living person which provides an income for as long as that person is alive. Such schemes originated as plans for governments to raise capital in the 17th century and became relatively widespread in the 18th and 19th centuries.

Banking

Too big to fail

"Too big to fail" (TBTF) is a theory in banking and finance that asserts that certain corporations, particularly financial institutions, are so large and so interconnected with an economy that their failure would be disastrous to the greater economic system, and therefore should be supported by government when they face potential failure. The colloquial term "too big to fail" was popular

Trading basics

Topstep

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

Assets

Tornado Cash

Tornado Cash (also stylized as TornadoCash) is an open source, non-custodial, fully decentralized cryptocurrency tumbler that runs on Ethereum Virtual Machine-compatible networks. It offers a service that mixes potentially identifiable or "tainted" cryptocurrency funds with others, so as to obscure the trail back to the fund's original source. This is a privacy tool used in EVM networks

Trading basics

Toronto Computer Leasing Inquiry

The Toronto Computer Leasing Inquiry was a judicial inquiry into allegations of conflict of interest, bribery and misappropriation of funds around computer leasing contracts entered into by the City of Toronto government in 1998 and 1999. It was held concurrently with the Toronto External Contracts Inquiry.

Trading basics

Toshiba

Toshiba Corporation (株式会社東芝, Kabushikigaisha Tōshiba; English: ) is a Japanese multinational electronics company headquartered in Saiwai-ku, Kawasaki, Kanagawa Prefecture. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors, hard disk drives, printers, batteries, lighting, as w

Trading basics

Total loss

In insurance claims, a total loss or write-off is a situation where the lost value, repair cost or salvage cost of a damaged property exceeds its insured value, and simply replacing the old property with a new equivalent is more cost-effective.

Trading basics

Total return swap

In finance, a total return swap (TRS), total rate of return swap (TRORS), or cash-settled equity swap is a financial contract that transfers both the credit risk and market risk of an underlying asset.

Finance

Totten trust

A Totten trust (also referred to as a "Payable on Death" account) is a form of trust in the United States in which one party (the settlor or "grantor" of the trust) places money in a bank account or security with instructions that upon the settlor's death, whatever is in that account will pass to a named beneficiary. For example, a Totten trust arises when a bank account is titled in the

Trading basics

Touch 'n Go

Touch 'n Go is a contactless smart card system used for electronic payments in Malaysia. The system was introduced in 1997 and is widely used for toll payments on highways, public transportation, parking, and other services. The card is equipped with a radio-frequency identification (RFID) chip that allows users to make payments by simply tapping the card on a reader device. Touch 'n Go

Trading basics

Touch 'n Go eWallet

Touch 'n Go eWallet is a Malaysian digital wallet and online payment platform, established in Kuala Lumpur, Malaysia, in July 2017 as a joint venture between Touch 'n Go and Ant Financial. It allows users to make payments at over 280,000 merchant touch points via QR code, as well as perform peer-to-peer (P2P) money transfers.

Securities & exchanges

Tour de la Bourse

The Tour de la Bourse (lit. 'Stock Exchange Tower') is a 48-storey skyscraper in Montreal, Quebec, Canada. It is located at the intersection of Victoria Square and Saint Jacques Street in the International Quarter. It is connected by the underground city to the Square-Victoria-OACI Metro Station.

Trading basics

Toy library

A toy library is a type of library that lends or hires out toys, puzzles, and games. They can function as either as a rental shop, part of a public library, or family resource program. Some toy libraries offer play sessions for families. Toy libraries are internationally federated by the International Toy Library Association (ITLA).

Trading basics

TP ICAP

TP ICAP Group plc is a financial services firm headquartered in London, United Kingdom. Its stock is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Finance

Tracfin

Tracfin (acronym for Traitement du renseignement et action contre les circuits financiers clandestins, "Intelligence Processing and Action Against Clandestine Financial Circuits") is a service of the French Ministry of Finance. It fights money laundering.

Finance

Tracking error

In finance, tracking error or active risk is a measure of the risk in an investment portfolio that is due to active management decisions made by the portfolio manager; it indicates how closely a portfolio follows the index to which it is benchmarked. The best measure is the standard deviation of the difference between the portfolio and index returns.

Securities & exchanges

Tracking stock

Tracking stock (also known as letter stock and targeted stock) is a specialized equity offering issued by a company that is based on the operations of a defined business within the larger organization (such as, for instance, a wholly owned subsidiary of a diversified firm). Therefore, the tracking stock will be traded at a price related to the operations of the specific division of the c

Finance

Trade (finance)

In finance, a trade is an exchange of a security such as stocks, bonds, commodities, currencies, derivatives or any valuable financial instrument for "cash". Such a financial transaction is usually done by participants of an exchange such as a stock exchange, commodity exchange or futures exchange with a short-dated promise to pay in the currency of the country where the 'exchange' is lo

Trading basics

Trade and Investment Framework Agreement

A Trade and Investment Framework Agreement (TIFA) is a trade pact that establishes a framework for expanding trade and resolving outstanding disputes between countries.

Finance

Trade credit insurance

Trade credit insurance, business credit insurance, export credit insurance, or credit insurance is a type of insurance policy and a risk management product offered by private insurance companies and governmental export credit agencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy. This

Finance

Trade finance

Trade finance is a phrase used to describe different strategies that are employed to make international trade easier. It signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these trans

Finance

Trade finance technology

Trade finance technology (abbreviated TradeTech, tradetech, or sometimes Trade Tech) refers to the use of technology, innovation, and software to support and digitally transform the trade finance industry. TradeTech can be seen as a subcategory under FinTech. As digital information becomes more readily accessible, convenient, and available, the trade finance industry is being gradually m

Trading basics

Trade in services statistics

Trade in services statistics are economic statistics which detail international trade in services. They received a great deal of focus at the advent of services negotiations which took place under the Uruguay Round, which became part of the General Agreement on Trade in Services, one of the four principal pillars of the World Trade Organization (WTO) trade treaty, also called the "WTO A

Securities & exchanges

Trade repository

A Trade Repository or Swap Data Repository is an entity that centrally collects and maintains the records of over-the-counter (OTC) derivatives. These electronic platforms, acting as authoritative registries of key information regarding open OTC derivatives trades, provide an effective tool for mitigating the inherent opacity of OTC derivatives markets.

Trading basics

Trade-off theory of capital structure

The trade-off theory of capital structure is the idea that a company chooses how much debt finance and how much equity finance to use by balancing the costs and benefits. The classical version of the hypothesis goes back to Kraus and Litzenberger who considered a balance between the dead-weight costs of bankruptcy and the tax saving benefits of debt. Often agency costs are also included

Fiat currencies

Trade-weighted US dollar index

The trade-weighted US dollar index, also known as the broad index, was a measure of the value of the United States dollar relative to other world currencies. It was a trade weighted index that improved on the older U.S. Dollar Index by incorporating more currencies and yearly rebalancing. The base index value was 100 in January 2006.

Trading basics

TradElect

TradElect was the London Stock Exchange's main electronic trading platform from 2007 to 2011. It ran on HP ProLiant servers running Windows Server 2003, using .NET technology and Microsoft SQL Server 2000. Its development took four years from project inception to rollout and had a total cost of £40 million.

Trading basics

TradeStation

TradeStation Group, Inc. is the parent company of online securities and futures brokerage firms and trading technology companies. It is headquartered in Plantation, Florida, and has offices in New York; Chicago; Richardson, Texas; London; Sydney; and Costa Rica. TradeStation is best known for the technical analysis software and electronic trading platform it provides to active traders an

Trading basics

Trading 212

Trading 212 is a European fintech brokerage group founded in Bulgaria in 2004 and headquartered in London, United Kingdom.

Finance

Trading room

A trading room gathers traders operating on financial markets. The trading room is also often called the front office. The terms "dealing room" and "trading floor" are also used, the latter being inspired from that of an open outcry stock exchange. As open outcry is gradually replaced by electronic trading, the trading room becomes the only remaining place that is emblematic of the finan

Finance

Trading strategy

In finance, a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets.

Trading basics

Traditional investments

In finance, the notion of traditional investments refers to putting money into well-known assets (such as bonds, cash, real estate, and equity shares) with the expectation of capital appreciation, dividends, and interest earnings. Traditional investments are to be contrasted with alternative investments.

Trading basics

Train ticket

A train ticket is a transit pass ticket issued by a railway operator that enables the bearer to travel on the operator's network or a partner's network. Tickets can authorize the bearer to travel a set itinerary at a specific time (common for long-distance railroads), a set itinerary at any time (common for commuter railroads), a set itinerary at multiple times, or an arbitrary itinera

Securities & exchanges

Tranche

In structured finance, a tranche (French pronunciation: [tʁɑ̃ʃ]) is one of a number of related securities offered as part of the same transaction. In the financial sense of the word, each bond is a different slice of the deal's risk. Transaction documentation (see indenture) usually defines the tranches as different "classes" of notes, each identified by letter (e.g., the Class A, Class

Banking

Transaction account

A transaction account (also called a checking account, cheque account, chequing account, current account, demand deposit account, or share account at credit unions) is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the

Banking

Transaction authentication number

A transaction authentication number (TAN) is used by some online banking services as a form of single use one-time passwords (OTPs) to authorize financial transactions. TANs are a second layer of security above and beyond the traditional single-password authentication.

Trading basics

Transcreation

Transcreation is a term coined from the words "translation" and "creation", and a concept used in the field of translation studies to describe the process of adapting a message from one language to another, while maintaining its intent, style, tone, and context. A successfully transcreated message evokes the same emotions and carries the same implications in the target language as it doe

Payments & settlement

Transfast

Transfast is an international money transfer and cross-border payments company headquartered in New York, with additional offices in India (Kochi, Pune, Jalandhar, and Hoshiarpur), the UAE, Nigeria, and the Philippines. Transfast is owned by Mastercard.

Trading basics

TransferMate

TransferMate is an Irish business-to-business payment technology company which was founded in 2010. The company provides a service to make cross border transfers online, this allows them to receive funds locally and make payments locally with the intention to eliminate the need for intermediary banks and international transfer fees.

Networks

Transient-key cryptography

Transient-key cryptography is a form of public-key cryptography wherein keypairs are generated and assigned to brief intervals of time instead of to individuals or organizations, and the blocks of cryptographic data are chained through time. In a transient-key system, private keys are used briefly and then destroyed, which is why it is sometimes nicknamed “disposable crypto.” Data encryp

Trading basics

Travelex

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.

Trading basics

Traveller's cheque

A traveller's cheque is a medium of exchange that can be used in place of the currency of a country. Each cheque is denominated in a preprinted fixed, round, amount of one of a number of major world currencies; it has two panels for a signature. The purchaser signs one panel of each cheque on receiving it; to use it, it is signed on the second panel and dated in the presence of the payee

Finance

Treasure Islands

Treasure Islands: Tax Havens and the Men who Stole the World (2011) is a non-fiction book about the secretive role of offshore banks and tax havens in global economic affairs. The book was written by Nicholas Shaxson, a political analyst and associate Fellow of the Royal Institute of International Affairs. It was first published on 6 January 2011.

Finance

Treasurer

A treasurer is a person responsible for the financial operations of a government, business, or other organization.

Trading basics

Treasurer of the United States

The treasurer of the United States is an officer in the United States Department of the Treasury who serves as the custodian and trustee of the federal government's collateral assets and the supervisor of the department's currency and coinage production functions. On March 23, 2025, Donald Trump named Georgia state senator Brandon Beach—breaking a 76-year streak of women holding the posi

Finance

Treasury

A treasury is either: