Mandi A bucket shop is a brokerage firm that allows its clients to place orders directly with the firm, without routing the orders through an exchange. Bucket shops were common in the late 19th and early 20th centuries, when many securities were not listed on exchanges. Bucket shops typically charged higher commissions than exchange-based brokers, and … Read more
How Trading in the Foreign Exchange Market Works Who controls the forex market? The foreign exchange market is not controlled by a central authority; however, there are a number of different entities that play a role in its operation. The most important players in the forex market are commercial banks, investment banks, central banks, and … Read more
Third-party insurance is insurance that is purchased by an individual from a company other than the individual’s own insurance company. This type of insurance is often required by state law in order to protect the individual from being sued by another party in the event of an accident. What are the 4 types of insurance? … Read more
The Certified Credit Executive (CCE) credential is the premier credential for credit management professionals. The CCE credential signifies that the holder has met the highest standards of credit management and has the knowledge and skills required to excel in the profession. The CCE credential is awarded by the Credit Management Association (CMA), a leading professional … Read more
