XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

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

Payments & settlement

Angadia

Angadia is a traditional banking system that has been prevalent in the Indian subcontinent for centuries. Angadia refers to a trusted network of individuals who specialize in the secure transportation of valuable goods, including cash, jewelry, and important documents. It originated in the state of Gujarat. Angadia services facilitate trade and commerce in the region. In exchange for the

Trading basics

Bull (stock market speculator)

In finance, a bull is a speculator in a stock market who buys a holding in a stock in the expectation that, in the very short-term, it will rise in value, whereupon they will sell the stock to make a quick profit on the transaction. Strictly speaking, the term applies to speculators who borrow money to fund such a purchase, and are thus under great pressure to complete the transaction be

Finance

Current (financial services company)

Finco Services, Inc., branded as Current, is an American financial services and software development company based in New York City. It provides mobile banking services through its partner banks, Choice Financial Group, and Cross River Bank.

Finance

Financial planner

A financial planner or personal financial planner is a qualified financial advisor. Practicing in full service personal finance, they advise clients on investments, insurance, tax, retirement and estate planning.

Payments & settlement

Hawala

Hawala or hewala (Arabic: حِوالة, romanized: Ḥawāla, lit. 'transfer, trust'), originating in India as havālā (Hindi: हवाला) or huṇḍī (Hindi: हुण्डी, romanized: Huṇḍī, Sanskrit: हुण्डिका, romanized: Huṇḍikā, lit. 'bill of exchange, draft, or promissory note'), also known as ḥavâleh in Persian, and xawala or xawilaad in Somali, is a popular and informal value transfer system based on the p

Finance

International finance

International finance (also referred to as international monetary economics) is the branch of monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade.

Finance

Investment advisory

An investment advisory is a service that recommends certain securities primed for appreciation, usually through direct management of clients' assets or by way of written publications.

Finance

Investment performance

Investment performance is the return on an investment portfolio, which can contain a single asset or multiple assets.

Finance

Macro risk

Macro risk is financial risk that is associated with macroeconomic or political factors. There are at least three different ways this phrase is applied. It can refer to economic or financial risk found in stocks and funds, to political risk found in different countries, and to the impact of economic or financial variables on political risk. Macro risk can also refer to types of economi

Securities & exchanges

New York Institute of Finance

The New York Institute of Finance (NYIF) is an American for-profit provider of continuing professional education that was founded by the New York Stock Exchange (NYSE) in 1922.

Finance

Overnight market

The overnight market is the component of the money market involving the shortest term loan. The overnight market is primarily used by banks and other financial institutions. Lenders agree to lend borrowers funds only "overnight", i.e., the borrower must repay the borrowed funds plus interest at the start of business the next day. Given the short period of the loan, the interest rate cha

Finance

Speculative attack

In economics, a speculative attack is a precipitous selling of untrustworthy assets by previously inactive speculators and the corresponding acquisition of some valuable assets (currencies, gold). The first model of a speculative attack was contained in a 1975 discussion paper on the gold market by Stephen Salant and Dale Henderson at the Federal Reserve Board. Paul Krugman, who visited

Payments & settlement

Warrant of payment

In financial transactions, a warrant is a written order by one person that instructs or authorises another person to pay a specified recipient a specific amount of money or supply goods at a specific date. A warrant may or may not be negotiable and may be a bearer instrument that authorises payment to the warrant holder on demand or after a specific date. Governments and businesses may p