In recent times, foreign exchange trading widely referred to as Forex trading, has become very popular amongst individuals. Almost everyone is now an advocate of Forex trading. Whilst the trading in the foreign exchange market has the potentials of increasing one’s wealth, it is necessary and pertinent to have general knowledge about what the market …
Commercial Papers
Commercial Papers (CPs) are money market instruments issued usually by blue chip companies with great credit ratings due to its unsecured nature being an IOU essentially. CPs are issued at a discount (i.e. the face value on a CP is received by the holder upon maturity but a lesser amount is paid by the holder …
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