Helicopter money is the phrase crafted by Milton Friedman in 1969 trying to explain the consequences of changes of base money. It is a theoretical unconventional monetary policy to be used in combating with deflation. “Let us suppose now that one day a helicopter flies over this community and drops an additional $1,000 in bills from […]
Bank of England Eight-oldest bank in the world as founded in 1694, the Bank of England (BoE) began as a private bank that would act as a banker to the Government. The Bank was nationalized in 1946 which gave the Government the power to appoint the Bank’s governors and directors, and to issue directions to […]
ECNECN stands for Electronic Communication Network and represents the successful solution in providing clients direct access to other market participants. It is based on the Financial Information Exchange Protocol the FIX Protocol. It enables brokerage to obtain needed liquidity from liquidity providers and on the other side to deliver orders for execution. Orders are executed […]
