Forex Trading Course

Category: glossary , Asked by: W. T. From Vaughan, Canada

A: A mutual fund that has been closed - either temporarily or permanently - to new investors because the investment advisor has determined that the fund's asset base is getting too large to effectively execute its investing style. Generally, current shareholders in a closed mutual fund are permitted to continue investing in the fund, but sometimes they are also be precluded from making additional investments. A closed mutual fund should not be confused with a closed-end fund. This type of fund has a fixed number of shares, generally invests in specialized sectors, and is structured and listed as a stock on a stock exchange.

Category: glossary , Asked by: M. Y. From Ottawa, Canada

A: the "iQD " is In currencies, this is the abbreviation for the Iraqi Dinar. The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.

Category: glossary , Asked by: U. U. From United States

A: A slang term denoting a period of poor performance or inactivity in an economy, market or industry. In economic terms, a slump specifically refers to a recession, signaling a slow down of business activity. An industry may experience a slump when overall activity begins to decline. In the loan industry, a slump may represent a period of tight lending policies. Since it is more difficult to get a loan, overall lending volumes will drop. Slumps apply to financial markets as well. When the stock market enters a slump, share prices and trading volume will usually be lower.