Spot date is a day when a spot trade transaction is carried out, meaning it is the exact day when the involved-in-transaction funds are transferred. In currency market spot date is usually set in 2 days after the order is placed.

 

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Liquidity trap is market’s condition when interest rates are too low and savings rates are too high. They can appear as a result of ineffective monetary policy.

 

Mine and yours is the term used by the floor traders in order to describe buying and selling process respectively. When they want to buy a security they only type ‘mine’. The same with selling and ‘yours’. This was invented for the quick and easy communication between two brokers during a fast transaction.

 

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