Intraday trading is a form of trading that involves buying and selling securities within the same trading day, without holding any positions overnight. Intraday traders aim to profit from the short-term price fluctuations of the market, using various tools and strategies to analyze and execute trade
Futures trading is a form of financial speculation that involves buying and selling contracts that represent the future delivery of an asset, such as a commodity, a currency, an index, or a stock. Futures traders aim to profit from the price movements of the underlying asset, without actually owning
Options and futures are two types of financial contracts that allow investors to trade various assets, such as stocks, commodities, currencies, and indices, at a predetermined price and date in the future.However, there are some key differences between options and futures that investors should
Commodities are basic goods that are used in commerce and that are interchangeable with other goods of the same type. Commodities have some distinctive characteristics that differentiate them from other types of assets, such as stocks or bonds. Some of the characteristics of commodities are:They are
Personal finance is an essential aspect of our lives, and it is crucial to pay attention to it to ensure that we achieve our financial goals. Many people struggle with managing their finances, and this can lead to financial stress and debt. In this article, we will discuss what you should pay attent
As a business owner, you may have heard the term "bill discount" thrown around, but what exactly does it mean? In simple terms, bill discounting is a process where a business can get cash in advance by selling its receivables or invoices to a third party, usually a financial in
With a 125-year history and an expanding international network, FirstBank of Nigeria has a solid foundation for its private banking division to offer first-class, tailored services to high net worth customers. Idowu Thompson, the Group Head of FirstBank Private Banking, explains how the bank underst
War can have both positive and negative impacts on the economy and the markets, depending on the nature, duration, and outcome of the conflict. Some of the factors that can influence the market reaction are:The level of uncertainty and risk that war creates for investors and consumers. War can cause
Financing refers to the process of obtaining funds or capital for a business or project. It involves raising money from various sources to meet the financial requirements of an organization. Financing can be done through different methods such as debt financing, equity financing, or a combination of
