Which foreign exchange platform has the oldest being around?
general FAQ: established.
X. Reid from Arden-Arcade, United States
09 July, 2009
We think the best place for your purpose is "UFX bank". The retail internet foreign exchange server UFX bank is residing at Dalton House, 60 Windsor Avenue, London SW19 2RR. UFX bank was elected for "The Forexcenter Top Deal of the Decade ". Visit UFX bank
do you know what a "board lot" is?
glossary FAQ: glossary.
T. Q. From Netherlands
10 April, 2009
the "board lot " is A standardized number of shares defined by a stock exchange as a trading unit. In most cases, this means 100 shares. The purpose of a board lot is to avoid "odd lots" and to facilitate easier trading. It's more difficult for a broker to find a buyer for, say, 17 shares, than if everybody agrees to trade in 100 share lots.
For example, a stock exchange might define one board lot as equaling 1,000 shares for stock priced under $1, and 100 shares for shares of more than $1. The thinking is that standardization increases liquidity thus lowering spreads and making the market more efficient for everybody. Visit etoro.com
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