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Digital assets and currencies

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Fiat currencies

Fixed exchange rate

A fixed exchange rate, often called a pegged exchange rate or pegging, is a type of exchange rate regime in which a currency's value is fixed, or pegged, by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold or silver.

Trading basics

Fixed income

Fixed income is a type of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule. For example, the borrower may have to pay interest at a fixed rate once a year and repay the principal amount on maturity. Fixed-income securities (more commonly known as bonds) can be contrasted with equity securities (often referred to as stocks and

Finance

Fixed income arbitrage

Fixed-income arbitrage is a group of market-neutral-investment strategies that are designed to take advantage of differences in interest rates between varying fixed-income securities or contracts (Jefferson, 2007). Arbitrage in terms of investment strategy, involves buying securities on one market for immediate resale on another market in order to profit from a price discrepancy.

Trading basics

Fixed-income attribution

Fixed-income attribution is the process of measuring returns generated by various sources of risk in a fixed income portfolio, particularly when multiple sources of return are active at the same time.

Trading basics

Fixed-income relative-value investing

Fixed-Income Relative-Value Investing (FI-RV) is a hedge fund investment strategy made popular by the failed hedge fund Long-Term Capital Management.

Finance

Flash crash

In modern finance, a flash crash is a very rapid, deep, and volatile fall in security prices occurring within a very short time period followed by a quick recovery. Flash crashes are frequently blamed by media on trades executed by black-box trading, combined with high-frequency trading, whose speed and interconnectedness can result in the loss and recovery of billions of dollars in a ma

Finance

Flat rate (finance)

In accounting and finance, flat interest rate mortgages and loans calculate interest based on the amount of money a borrower receives at the beginning of the loan. However, if repayment is scheduled to occur at regular intervals throughout the term, the average amount to which the borrower has access is lower and so the effective or true rate of interest is higher. Only if the principa

Fiat currencies

Flattr

Flattr was a Swedish-based microdonation subscription service, where subscribers opted in to pay a monthly patronage to help fund their favourite websites and creators. It shut down in November 2023.

Fiat currencies

Floating exchange rate

In macroeconomics and economic policy, a floating exchange rate (also known as a fluctuating or flexible exchange rate) is a type of exchange rate regime in which a currency's value is allowed to fluctuate in response to international events affecting exchange rates. A currency that uses a floating exchange rate is known as a floating currency. In contrast, a fixed currency is one where

Banking

Flow of funds

Flow of funds accounts are a system of interrelated balance sheets for a nation, calculated periodically. There are two types of balance sheets: those showing

Trading basics

Fobaproa

Fobaproa (from the Spanish: Fondo Bancario de Protección al Ahorro, lit. 'Savings Protection Banking Fund') was a contingencies fund created in 1990 by the Mexican government, led by then dominant Institutional Revolutionary Party (PRI), to attempt to resolve liquidity problems of the banking system. The contingencies fund was applied in 1995 during the Mexican peso crisis to protect Mex

Trading basics

Fondo Interbancario di Tutela dei Depositi

The Fondo Interbancario di Tutela dei Depositi (FITD; English: Interbank Deposit Protection Fund) is an Italian deposit guarantee fund founded in 1987. The fund became a mandatory scheme under the EU Deposit Guarantee Schemes Directive (94/19/EEC). However, the cooperative banks (BCC) of Italy managed their own fund (Fondo di Garanzia dei Depositanti del Credito Cooperativo). Another fun

Finance

Food speculation

Food speculation refers to the buying and selling of futures contracts or other commodity derivatives by traders with the aim of profiting from changes in food prices. Food speculation can be both positive and negative for food producers and buyers. It is betting on food prices in financial markets.

Banking

Forbes Bank

Forbes Bank was a bank in the British Crown dependency of the Isle of Man, providing private and business banking services to the local population. The bank operated from 1826 until it crashed spectacularly in 1843 resulting in hardship, unemployment, bankruptcy and destitution for many of the inhabitants of the Island.

Finance

Foreclosure

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.

Finance

Foreclosure rescue

Foreclosure rescue in the United States is where a mortgage that is in arrears and where the lender is at the stage of foreclosing on the loan agrees to stop the foreclosure in exchange for funds received through loan modification or from a government grant. It may also refer to funds that allow the homeowner to repurchase the property at or after foreclosure.

Fiat currencies

Foreign exchange controls

Foreign exchange controls are various forms of controls imposed by a government on the purchase/sale of foreign currencies by residents, on the purchase/sale of local currency by nonresidents, or the transfers of any currency across national borders. These controls allow countries to better manage their economies by controlling the inflow and outflow of currency, which may otherwise crea

Fiat currencies

Foreign exchange fraud

Foreign exchange fraud is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading became a common form of fraud in early 2008, according to Michael Dunn of the U.S. Commodity Futures Trading Commission.

Fiat currencies

Foreign exchange hedge

A foreign exchange hedge (also called a FOREX hedge) is a method used by companies to eliminate or "hedge" their foreign exchange risk resulting from transactions in foreign currencies (see foreign exchange derivative). This is done using either the cash flow hedge or the fair value method. The accounting rules for this are addressed by both the International Financial Reporting Standard

Fiat currencies

Foreign exchange market

The foreign exchange market (forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. By trading volume, it is by far the largest market in the world, followed by the credit market.

Fiat currencies

Foreign exchange regulation

Foreign exchange regulation is a form of financial regulation specifically aimed at the over-the-counter Forex market that is decentralized and operates with no central exchange or clearing house. Due to its decentralized and global nature, the foreign exchange market has been more prone to foreign exchange fraud and has been less regulated than other financial markets.

Fiat currencies

Foreign exchange reserves

Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold and silver held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve cur

Fiat currencies

Foreign exchange risk

Foreign exchange risk (also known as FX risk, exchange rate risk or currency risk) is a financial risk that exists when a financial transaction is denominated in a currency other than the domestic currency of the company. The exchange risk arises when there is a risk of an unfavourable change in exchange rate between the domestic currency and the denominated currency before the date when

Fiat currencies

Foreign exchange swap

In finance, a foreign exchange swap, forex swap, or FX swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates (normally spot to forward) and may use foreign exchange derivatives. An FX swap allows sums of a certain currency to be used to fund charges designated in another currency without acquiring foreign exchange risk. I

Trading basics

Foreign-exchange reserves of China

The foreign exchange reserves of China are the state of foreign exchange reserves held by the People's Republic of China, comprising cash, bank deposits, bonds, and other financial assets denominated in currencies other than China's national currency (the renminbi). As of August 2026, China's foreign exchange reserves totaled US$3.438 trillion, which is the highest foreign exchange reser

Trading basics

Foreign-exchange reserves of India

The foreign reserves of India are holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than India's national currency, the Indian rupee. The foreign-exchange reserves are managed by the Reserve Bank of India (RBI) for the Indian government, and the main component is foreign currency assets.

Fiat currencies

Forex scandal

The forex scandal (also known as the forex probe) is a 2013 financial scandal that involves the revelation, and subsequent investigation, that banks colluded for at least a decade to manipulate exchange rates on the forex market for their own financial gain. Market regulators in Asia, Switzerland, the United Kingdom, and the United States began to investigate the $4.7 trillion per day fo

Securities & exchanges

Forex.com

Forex.com is a foreign exchange (FX) and contracts for difference (CFD) trading brand owned by StoneX Group. In the United States, it is operated by GAIN Capital Group LLC, a wholly owned subsidiary of StoneX Group Inc.. The brand offers leveraged trading in currencies, commodities, indices, and cryptocurrencies.

Networks

Fork (blockchain)

In blockchain, a fork is defined variously as:

Payments & settlement

Fortumo

Fortumo was an Estonian company which developed a platform for digital service providers for user growth and monetization.

Securities & exchanges

Forward contract

In finance, a forward contract, or simply a forward, is a non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed on in the contract, making it a type of derivative instrument. The party agreeing to buy the underlying asset in the future assumes a long position, and the party agreeing to sell the asset in the future assumes a sh

Fiat currencies

Forward exchange rate

The forward exchange rate (also sometimes referred to as forward rate or forward price) is the exchange rate at which two counterparties (such as a bank and an investor) agree to exchange one currency for another at a future date when they enter into a forward contract. Multinational corporations, banks, and other financial institutions enter into forward contracts to take advantage of t

Trading basics

Forward Markets Commission

The Forward Markets Commission (FMC) was the regulatory body for the commodity market and futures market in India. It was under the Ministry of Finance, Government of India. In July 2014, it regulated Rs 17 trillion worth of commodity trades in India. It was headquartered in Mumbai. The Commission allowed commodity trading in 22 exchanges in India, of which 6 are national.

Payments & settlement

Four Corners Model for Payment Security

The Four Corners model, often referred to as the Four Party Scheme is the most used card scheme in card payment systems worldwide. This model was introduced in the 1990s. It is a user-friendly card payment system based on an interbank clearing system and economic model established on multilateral interchange fees (MIF) paid between banks or other payment institutions.

Banking

Four pillars policy

The four pillars policy is an Australian Government policy to maintain the separation of the four largest banks in Australia by rejecting any merger or acquisition between the four major banks. The policy, rather than formal regulation, first articulated in 1990, reflects the competitive concerns of more concentration as well as the broad political unpopularity of further bank mergers. A

Banking

Fractional-reserve banking

Fractional-reserve banking is the system of banking under which banks that take deposits from the public keep only part of their deposit liabilities in liquid assets as a reserve, and lend a percentage to borrowers, thus increasing the money supply by the loaned amount. Bank reserves are held as cash in the bank or as balances in the bank's account at the central bank. Fractional-reserv

Banking

François Fatio

François Fatio (June 1622 – 14 April 1704) was a Genevan merchant, banker, and entrepreneur who served as a member of the Council of Two Hundred and the Council of Sixty of Geneva. He was a Protestant plantation owner of an enslaved-labor sugar plantation in Suriname.

Banking

Free banking

Free banking is a monetary arrangement where banks are free to issue their own paper currency (banknotes) while also being subject to no special regulations beyond those applicable to most enterprises.

Finance

Freedom Holding

Freedom Holding Corp. is an American investment conglomerate headquartered in Almaty, Kazakhstan. Founded in 2008 by Timur Turlov in the United States, the company provides a range of services in retail financial securities brokerage and trading, asset management, capital markets, investment research and counseling, investment banking and underwriting services, mortgages, insurance, bank

Finance

Freetrade

Freetrade is a UK-based fintech company founded in 2016 by Adam Dodds, Davide Fioranelli and André Mohamed. It operates a mobile trading platform for retail investors in the UK, allowing users to trade equities and ETFs through iOS and Android applications.

Banking

Friends of Traditional Banking

The Friends of Traditional Banking (FOTB) is an independent expenditure-only committee, or super PAC, with the aim of improving the political and regulatory environment for the banking industry in the United States by decreasing federal regulation, particularly by repealing the Dodd–Frank Wall Street Reform and Consumer Protection Act. As a non-partisan trade group, it selects a small nu

Securities & exchanges

Front running

Front running, also known as tailgating, is the practice of entering into an equity (stock) trade, option, futures contract, derivative, or security-based swap to capitalize on advance, nonpublic knowledge of a large ("block") pending transaction that will influence the price of the underlying security. In essence, it means the use of knowledge of an impending trade to engage in a person

Securities & exchanges

FTSE All-Share Index

The FTSE All-Share Index, originally known as the FTSE Actuaries All Share Index, is a capitalisation-weighted index, comprising around 600 of more than 2,000 companies traded on the London Stock Exchange (LSE). By weighting companies based on their market capitalisation, the index ensures that companies with larger market capitalisations have a greater influence on the index's performan

Assets

FTX

FTX Trading Ltd., trading as FTX (Futures Exchange), is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund. The exchange was founded in 2019 by Sam Bankman-Fried and Gary Wang and collapsed in 2022.

Payments & settlement

Fuel card

A fuel card or fleet card is used as a payment card most commonly for gasoline, diesel, and other fuels at gas stations. Fleet cards can also be used to pay for vehicle maintenance and expenses at the discretion of the fleet owner or manager. Most fuel cards are charge cards.

Trading basics

Fuel price risk management

Fuel price risk management, a specialization of both financial risk management and oil price analysis and similar to conventional risk management practice, is a continual cyclic process that includes risk assessment, risk decision making and the implementation of risk controls. It focuses primarily on when and how an organization can best hedge against exposure to fuel price volatility.

Banking

Fugger family

The House of Fugger (German pronunciation: [ˈfʊɡɐ]) is a German family that was historically a prominent group of European bankers, members of the fifteenth- and sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and venture capitalists. Alongside the Welser family, the Fugger family controlled much of the European economy in the sixteenth century and

Banking

Fugitive bankers case

The Case of the Fugitive Bankers was a political scandal in Venezuela that came about during the 1994 banking crisis, when several banks collapsed and their directors fled the country. Among them were Orlando Castro Llanes, Fernando Araújo, director of Banco Metropolitano and son-in-law of then-president, Rafael Caldera, Gustavo Gómez López of Banco Latino, José Bauza of Banco de Venezue

Trading basics

Fujitsu

Fujitsu Limited (富士通株式会社, Fujitsū kabushiki gaisha) is a Japanese multinational information and communications technology equipment and services corporation, established in 1935 and headquartered in Kawasaki, Kanagawa. It is the world's sixth-largest IT services provider by annual revenue, and it is the largest in Japan as of 2021.

Banking

Full-reserve banking

Full-reserve banking (also known as 100% reserve banking) is a system of banking where banks do not lend demand deposits and instead only lend from time deposits. It differs from fractional-reserve banking, in which banks may lend funds on deposit, while fully reserved banks would be required to keep the full amount of each customer's demand deposits in cash, available for immediate with

Securities & exchanges

Fund derivative

A fund derivative (see also derivative) is a financial structured product related to a fund, normally using the underlying fund to determine the payoff. This may be a private equity fund, mutual fund or hedge fund. Purchasers obtain exposure to the underlying fund (or funds) whilst improving their risk profile over a direct investment.

Finance

Fund governance

Fund governance refers to a system of checks and balances and work performed by the governing body (board) of an investment fund to ensure that the fund is operated not only in accordance with law, but also in the best interests of the fund and its investors. The objective of fund governance is to uphold the regulatory principles commonly known as the four pillars of investor protection

Trading basics

Fundamental analysis

Fundamental analysis, in accounting and finance, is the analysis of a business's financial statements (usually to analyze the business's assets, liabilities, and earnings); health; competitors and markets. It also considers the overall state of the economy and factors including interest rates, production, earnings, employment, GDP, housing, manufacturing and management. There are two bas

Banking

Funding liquidity

Funding liquidity is the availability of credit to finance the purchase of financial assets. The International Monetary Fund (IMF) defines funding liquidity as "the ability of a solvent institution to make agreed-upon payments in a timely fashion". In practice, funding liquidity refers to whether a bank or financial institution can meet its payment obligations at a given point in time.

Banking

Funds transfer pricing

The Fund Transfer Pricing (FTP) measures the contribution by each source of funding to the overall profitability in a financial institution. Funds that go toward lending products are charged to asset-generating businesses whereas funds generated by deposit and other funding products are credited to liability-generating businesses.

Fiat currencies

Funnyback

A Funnyback is a type of one-dollar silver certificate produced in 1928 and 1934 in the United States. People referred to the note as a "Funnyback" based on the significantly lighter green ink and unusual font printed on the reverse.

Securities & exchanges

Futu

Futu Holdings Limited (Chinese: 富途控股) is a Cayman Islands-incorporated financial technology holding company headquartered in Hong Kong. Through its subsidiaries, it provides online securities brokerage, margin financing and securities lending, wealth management, and corporate and institutional services. Its main digital platforms are Futubull, used primarily in Hong Kong, and Moomoo, its

Securities & exchanges

Futures contract

In finance, a futures contract (often just called a future) is a standardized legal contract to buy or sell something at a predetermined price for delivery at a specified time in the future, between parties not yet known to each other. The item transacted is usually a commodity or financial instrument. The predetermined price of the contract is known as the forward price or delivery pric

Trading basics

Futures exchange

A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts defined by the exchange. Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. Futures exchanges provide physical or electronic t

Finance

FX Fighter Kurumi-chan

FX Fighter Kurumi-chan (Japanese: FX戦士くるみちゃん, Hepburn: FX Senshi Kurumi-chan) is a Japanese manga series written by Demunyan and illustrated by Daisuki Tansan. It was originally published as a web comic on Demunyan's personal website, before beginning serialization in Media Factory's Monthly Comic Flapper magazine in February 2021. An anime television series adaptation produced by Passio

Trading basics

FXCM

FXCM, also known as Forex Capital Markets, is a retail foreign exchange broker for trading on the foreign exchange market. FXCM allows people to speculate on the foreign exchange market and provides trading in contract for difference (CFDs) on major indices and commodities such as gold and crude oil. It is based in London.

Trading basics

GAIN Capital

GAIN Capital Holdings, Inc. was a US-based provider of online trading services, headquartered in Warren, New Jersey until it was acquired by StoneX Group in 2020. The company provided market access and trade execution services in foreign exchange, contracts for difference (CFDs) and exchange-based products to retail and institutional investors. Trading was provided via one of two electr

Assets

Galaxy Digital (company)

Galaxy Digital Inc., doing business as Galaxy, is an American financial services and infrastructure company headquartered in New York City. The company focuses on digital assets, cryptocurrency, blockchain infrastructure, and artificial intelligence and high-performance computing data center infrastructure. Its digital asset businesses include over-the-counter trading, lending, investmen

Assets

Garantex

Garantex was a Russian cryptocurrency exchange. The company provided an exchange of Russian rubles to cryptocurrencies and international money transfers. It was tied to sanctioned individuals following the 2022 Russian invasion of Ukraine, including the Russian government, criminal organizations, and terrorist groups, such as Hamas and Hezbollah, among other illicit actors. It was co-fou

Payments & settlement

GCash

GCash is a Philippine mobile payments service owned by Mynt, Inc. (formerly known as Globe Fintech Innovations, Inc. until 2026), and operated by its wholly owned subsidiary, G-Xchange, Inc.

Assets

Gemini (cryptocurrency exchange)

Gemini Space Station Inc. (Gemini) is an American cryptocurrency exchange and custodian bank. It was founded in 2014 by Cameron and Tyler Winklevoss.

Assets

Genesis (cryptocurrency company)

Genesis is a cryptocurrency intermediary for institutional investors, with Digital Currency Group (DCG) as its parent company.

Stablecoins

GENIUS Act

The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) is a United States federal law that aims to create a comprehensive regulatory framework for stablecoins. Stablecoins are a type of cryptocurrency that are backed by assets considered to be reliable such as a national currency or a commodity. Stablecoins are typically used to transfer funds between diff

Finance

Genpact

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$5.08 billion in 2025.

Banking

German Banking Industry Committee

The German Banking Industry Committee (GBIC) (German: Die Deutsche Kreditwirtschaft / DK), known until 2011 as the Central Credit Committee (German: Zentraler Kreditausschuss / ZKA) is an industry association of the German banking industry. Its decisions are held normative for the national banking sector – either directly by interbank treaties or indirectly by preparing a corresponding m

Banking

German public banking sector

The German public banking sector (German: Öffentliches Kreditwesen) represents a significant share of the broader banking sector in Germany. Unlike in most other Western and Central European countries, German public-sector banks have been present since the early phases of formalization of banking entities in the early modern period and have never lost their collective significance. They

Banking

Ghana banking crisis

The Ghana banking crisis was a severe banking crisis that affected Ghana between August 2017 and January 2020. The Bank of Ghana (BoG) allowed several indigenous banks to be taken over by private companies between August 2017 and January 2019 after Nana Akufo-Addo was elected president in December 2016. Most of the indigenous banks had been at the risk of defaulting on their loans, as th

Banking

Gharar

Gharar (Arabic: غرر) literally means uncertainty, hazard, chance or risk. It is a negative element in mu'amalat fiqh (transactional Islamic jurisprudence), like riba (usury) and maisir (gambling).

Banking

Ghost (1990 film)

Ghost is a 1990 American supernatural romance film directed by Jerry Zucker, written by Bruce Joel Rubin, and starring Patrick Swayze, Demi Moore, Whoopi Goldberg, and Tony Goldwyn. The film's plot follows Sam Wheat (Swayze), a banker who is murdered and returns as a ghost, unable to interact with the living world. With the help of psychic con artist Oda Mae Brown (Goldberg), Sam attempt

Trading basics

Gibraltar pound

The pound (sign: £; ISO code: GIP) is the currency of Gibraltar. It is pegged to – and exchangeable with – British pound sterling at par value. Coins and banknotes of the Gibraltar pound are issued by the Government of Gibraltar.

Fiat currencies

Gibson's paradox

Gibson's paradox is the observation that the rate of interest and the general level of prices under the gold standard are positively correlated. It is named for British economist Alfred Herbert Gibson who noted the correlation in a 1923 article for Banker's Magazine. The correlation had been noted earlier by Thomas Tooke.

Payments & settlement

Gift card

A gift card, also known as a gift certificate in North America, or gift voucher or gift token in the UK, is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by employers or organizations as rewards or gifts. They may also be distributed

Finance

GIFT International Financial Services Centre

The GIFT International Financial Services Centre (GIFT IFSC) is a financial centre and special economic zone in GIFT City, India. It was established in 2015 as a financial hub to provide world-class infrastructure and services for financial institutions and companies operating in areas such as banking, insurance, capital markets, and asset management. GIFT IFSC is regulated by the Intern

Banking

Giovanni Villani

Giovanni Villani (Italian pronunciation: [dʒoˈvanni vilˈlaːni]; c. 1276 or 1280 – 1348) was an Italian banker, official, diplomat and chronicler from Florence who wrote the Nuova Cronica (New Chronicles) on the history of Florence. He was a leading statesman of Florence but later gained an unsavoury reputation and served time in prison as a result of the bankruptcy of a trading and banki

Payments & settlement

Giro (banking)

A giro transfer, often shortened to giro (), is a payment transfer between current bank accounts and initiated by the payer, not the payee. The debit card has a similar model. Giros are primarily used in Europe; although electronic payment systems exist in the United States (e.g., the Automated Clearing House), it is not possible to perform third-party transfers with them. In the Europea

Banking

Girocard

girocard is an interbank network and debit card service in Germany connecting virtually all automated teller machines (ATMs) and banks. It is based on standards and agreements developed by the German Banking Industry Committee.

Payments & settlement

Giropay

Giropay was an Internet payment system in Germany, based on online banking. Introduced in February 2006, this payment method allowed customers to buy securely on the Internet using direct online transfers from their bank account. The system was similar to the Dutch iDEAL payment system, MyBank payment system, the Interac online service in Canada, pagomiscuentas payment service in Argenti

Banking

Global Alliance for Banking on Values

The Global Alliance for Banking on Values (GABV) is an independent association of 'values-based banks' with a shared mission to use finance to deliver environmental, social, and corporate governance (ESG) positive outcomes. The GABV consists of over 70 member banks, credit unions and microfinance institutions. Its headquarters are in Amsterdam, Netherlands.

Finance

Global assets under management

In finance, global assets under management consists of assets held by institutional investors and individual investors around the world. For example, these institutional investors include asset management firms, pension funds, endowments, foundations, sovereign wealth funds, hedge funds, and private equity funds. In contrast, individual investors include ultra high-net-worth individuals

Trading basics

Global ATM Alliance

The Global ATM Alliance is a joint venture of several major international banks that allows customers of their banks to use their automated teller machine (ATM) card or debit card at another bank within the alliance with no international ATM access fees. Other fees, such as an international transaction or foreign currency fee, may still apply for some account holders. Participating banks

Finance

Global Finance & Technology Network

Global Finance & Technology Network (GFTN) (formerly Elevandi) is a Singapore-based nonprofit organisation created by the Monetary Authority of Singapore (MAS) in 2024 to support the development of the global fintech ecosystem.

Finance

Global financial system

The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic action that together facilitate international flows of financial capital for purposes of investment and trade financing. Since emerging in the late 19th century during the first modern wave of economic globalization, its evolution is marked by the establishment

Finance

Global Forum on Transparency and Exchange of Information for Tax Purposes

The Global Forum on Transparency and Exchange of Information for Tax Purposes was founded in 2000 and restructured in September 2009. It consists of OECD member countries as well as other jurisdictions that have agreed to implement tax related transparency and information exchange. The forum works under the auspices of the OECD and G20. Its mission is to "implement the international stan

Finance

Global Industry Classification Standard

The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benc

Payments & settlement

Global Payments

Global Payments Inc. is an American multinational financial technology company that provides payment technology to merchants, issuers and consumers. In June 2021, the company was named to the Fortune 500. The company processes payments made through credit cards, debit cards, and digital and contactless payments.

Trading basics

Global recession

A global recession is a recession that affects many countries around the world—that is, a period of global economic slowdown or declining economic output. Since World War II, the International Monetary Fund (IMF) has identified five such recessions, with the COVID-19 recession being the most severe.

Finance

Global saving glut

A global saving glut (also GSG, cash hoarding, dead cash, dead money, glut of excess intended saving, or shortfall of investment intentions) is a situation in which desired saving exceeds desired investment. By 2005 Ben Bernanke, chairman of the Federal Reserve, the central bank of the United States, expressed concern about the "significant increase in the global supply of saving" and

Banking

GLS Bank

GLS Bank (officially GLS Gemeinschaftsbank eG) is a German ethical bank that was founded in 1974 as an anthroposophical initiative by Wilhelm Ernst Barkhoff and Gisela Reuther. It was the first bank in Germany that operated with an ethical philosophy. According to GLS Bank, its focus is on cultural, social and ecological initiatives, initiated by people, and not anonymous interests seeki

Banking

Gold dinar

The gold dinar (Arabic: ﺩﻳﻨﺎﺭ ذهب) is an Islamic medieval gold coin first issued in AH 77 (696–697 CE) by Caliph Abd al-Malik ibn Marwan. The weight of the dinar is 1 mithqal (4.25 grams or 0.137 troy ounces).

Banking

Gold repatriation

Gold repatriation is the process by which governments and central banks relocate sovereign gold reserves from foreign vaults back to domestic storage. Historically driven by bilateral trade reallocations or immediate security concerns, modern gold repatriation has evolved into an accelerating global trend. According to annual surveys by the World Gold Council, the proportion of central b

Banking

Gold standard

A gold standard is a monetary system in which the standard economic unit of account is defined by a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971, when the United States unilaterally terminated convertibility of the US dollar into gold, effect

Banking

Goldsmith

A goldsmith is a metalworker who specializes in working with gold and other precious metals. Modern goldsmiths mainly specialize in jewelry-making but historically, they have also made silverware, platters, goblets, decorative and serviceable utensils, and ceremonial or religious items.

Assets

Goliath Ventures

Goliath Ventures was a cryptocurrency investment firm based in Orlando, Florida. On February 24, 2026, the United States Department of Justice announced the arrest of the firm's founder and chief executive officer, Christopher Alexander Delgado, on charges of wire fraud and money laundering, alleging that the firm had operated as a Ponzi scheme. On June 30, 2026, Delgado pleaded guilty t

Finance

GoodLeap

GoodLeap, formerly Loanpal, is a U.S.-based financing company headquartered in Roseville, CA that provides financing options for residential solar energy and other sustainable home improvements. It has facilitated over $30 billion in loans to more than 1 million homeowners across 50 states as of 2025.

Payments & settlement

Google Pay (mobile app)

Google Pay is a mobile payment application developed by Google. It allows users to make payments via smartphones using methods such as the Unified Payments Interface (UPI) in India and PayNow in Singapore. The app supports peer-to-peer (P2P) transfers, in-store payments via NFC, online purchases, and bill payments.