FINEX
Definition of 'FINEX'The financial instruments and currency products division of the New York Board of Trade (NYBOT). It trades a variety of currency futures and options on futures. FINEX was established in 1985 due to the rapid emergence of the financial derivatives sector. |
|
Investopedia explains 'FINEX'In 1994, FINEX became the first exchange division to operate trading floors on two continents by adding a trading facility in Dublin, Ireland. FINEX was initially the financial division of the New York Cotton Exchange (NYCE), until the NYBOT became the parent company of the NYCE in 1998. |
Related Definitions
Articles Of Interest
-
Protect Your Foreign Investments From Currency Risk
Hedging against currency risk can add a level of safety to your offshore investments. -
What is the difference between trading currency futures and spot FX?
The forex market is a very large market with many different features, advantages and pitfalls. Forex investors may engage in currency futures as well as trade in the spot forex market. The difference ... -
Forex: Gauging Forex Market Sentiment With Open Interest
Examining open interest on currency futures can help you confirm the strength of a trend in forex market sentiment. -
How Interest Rates Affect The Housing Market
Understand how rate changes can affect home prices, and learn how you can keep up. -
Basic Investment Objectives
You might know about different asset types, but do you know how each type contributes to a particular goal? -
Exploring The Current Account In The Balance Of Payments
Learn how a country's current account balance reflects the country's economic health. -
Understanding And Playing The Dow Jones Industrial Average
Learn strategies for investing in this price-weighted index and how to interpret its movements. -
Writing A Covered Call
Writing an option is the process of selling to another investor the right, but not the obligation, to buy or sell a stock at a given price in the near future. It can also be referred to as shorting ... -
Arbitrage Squeezes Profit From Market Inefficiency
This influential strategy capitalizes on the relationship between price and liquidity. -
Making It Big On Wall Street
Read about some of the most glamorous Wall Street jobs and what it takes to land one.
Free Annual Reports