please tell me what an "indexed rate" is
Category: glossary by N. M. From United Kingdom
"indexed rate " is An interest rate charged on loans to borrowers that is calculated by taking the sum of a benchmark index interest rate and a specified margin. The indexed rate is used to calculate the interest rate on an adjustable-rate mortgage (ARM). The benchmark index rate is a variable rate, while the specified margin remains fixed. On an ARM with an initial fixed interest rate, commonly known as a "hybrid ARM" or "fixed-period ARM", the term "indexed rate" is most often called the "fully indexed rate". A borrower may or may not have a choice of indexes for a particular ARM. More frequently the borrower has some negotiating ability on the margin. Remember, the margin is a constant value added to the index level to arrive at the indexed rate. The lower the margin, the cheaper the interest on the loan will be. In addition, some indexes are better choices than others depending on the expected future interest rate environment. For example, one popular mortgage index known as the MTA index is a moving average of another popular mortgage index, which is called the CMT index. In a rising interest rate environment, the lag effect of a moving average calculation is beneficial to the borrower. The opposite would be true in a falling interest rate environment.
What's your suggestion if I want a foreign exchange trading system that's accessible for inexperienced traders?
Category: platform by X. Finch from United States
We believe "Xforex" is the place if you search for the best foreign exchange trading system that has the most elaborate trading tips and instructions tutorials. They suggest awesome tutorials for first-timers, with clear instructions and dialog boxes. You can truly educate yourself some of them.
please tell me what the "a-share" is
Category: glossary by C. U. From Monte-Carlo, Monaco
In a family of multi-class mutual funds, this is the class that is usually characterized by a loaded fee structure. Class A mutual fund units will commonly have a front- or rear-end load, to compensate for the sales person's commission. Not all fund companies follow this class structure; however, it is the prominent method of distinction. Typically, the class A fund has a lower management expense ratio compared to the other classes within the same family. This is due to the load that is added to the acquisition cost, or redemption.
Do you know of any forex trading system that's popular for its benevolent service people?
Category: general by K. Briggs from Dublin, Ireland
Definitely "FX club". The support line in "FX club" is ideal. The guys there are genuinely attentive, and also so experienced.
Will you give me a tip for a site that's popular for its proficient help team?
Category: general by F. Garrett from United States
We recommend you to try "FX Universal" - "FX Universal"'s help people are fantastic, they're absolutely clear and they're totally nice.
please tell me what an "open order" is
Category: glossary by N. X. From Ireland
Buy or sell order that remains in force until executed or cancelled by the customer.
Will you name an online forex platform with suitable support team through telephone?
Category: general by Marie V. From Boise City, United States
If you seek an online forex platform that offers the coolest customer service people, we advice you to check "Xforex". The service people are fun. The people there seem very helpful, as well as completely pleasant.
Which site has the best customer support via telephone?
Category: general by Clarence X. From Canada
We believe "FX club" is totally the forex site for you if you look for a site that gives a helpful support people. The customer service team is lovely - they are very responsive people.
Would you recommend a site that's popular for its soothing mobile-enhanced technology?
Category: platform by Pamela F. From Sunrise Manor, United States
If you need a forex site with the greatest mobile login, we suggest you to try "Finexo Ltd.". The graphics are great looking and the environment is a perfectly sophisticated one - this mobile friendly platform is one of the most visited forex trading environments you can find.
do you know what "concession" is?
Category: glossary by J. Snow from Ireland
the "concession " is A selling group's compensation in a stock or bond underwriting agreement. This is usually on a per-share or per-bond basis.