World Of Finance

        World of Finance by M.Vijaya Sa   Few step for an enterprise to become an export organisation are:- 1) REGISTRATION AS A BUSINESS ENTITY:- A new export unit can be started by registering as proprietorship, partnership or imited liability company.   2) IEC NUMBER - Any company wish to export/import need to obtain a Import Export code(IEC) number. IEC is issued by Regional licensing authority of DGFT. For communication with any office in regard to for export and import needs IEC number.   3) RCMC means the certificate of registration and membership granted by an Export Promotion Council/ Commodity Board/ Development Authority or other competent authority as prescribed by Foreign Trade Policy to an exporting unit.   Any person, applying for a licence/ authorisation/certificate/permission to import/ export or any other benefit or concession under Foreign Trade Policy is required to furnish (RCMC). It is also required for executing a bond before Central Ex

        World of Finance by M.Vijaya Sai Incoterms are standard trade definitions most commonly used in international sales contracts. Devised and published by the International Chamber of Commerce, they are at the heart of world trade.Among the best known Incoterms are EXW (Ex works), FOB (Free on Board), CIF (Cost, Insurance and Freight), DDU (Delivered Duty Unpaid), and CPT (Carriage Paid To).ICC introduced the first version of Incoterms - short for "International Commercial Terms" - in 1936. Since then, ICC expert lawyers and trade practitioners have updated them six times to keep pace with the development of international trade.ICC is currently revising Incoterms 2000. The new edition, Incoterms 2011, is expected to enter into force on 1 January 2011.Most contracts made after 1 January 2000 will refer to the latest edition of Incoterms, which came into force on that date. The correct reference is to "Incoterms 2000". Unless the parties decid

There are a variety of ways in which traders can place instructions to buy and sell currencies and this gives foreign exchange traders substantial flexibility in planning their trading strategies and allows them to both maximize their profits and minimize their losses.   Market Order The simplest appearance of order is the market order in which the trader just buys or sells a currency pair at the current market price. Because of the huge size of the market and its high liquidity there is little if any delay or slippage in the market and market instructions are in essence guaranteed.   Limit Order A limit order allows the trader to set the price at which he wants to take his profit and close out his position. For example where a trader has bought GBP/USD at 1.9450 he might place a limit order at 1.9465 so that if the price rises to this level his position would automatically be stopped up and he will take his profit.   Stop Loss Order A stop loss order is an additional form

Nowadays the Forex Market makes for one of the best investment decisions an investor or trader can make. With the trillions of dollars daily being exchanged on the Forex market today’s trader has no problems with liquidity issues. Having seen the reduce of many equities markets in the past 12 months this has also helped see many new Forex Traders rising. The Forex market almost never sleeps which means that the trader can get in and out with effortlessness and without fear of a company collapsing.   The following are the 4 reasons why to invest in the Forex Market.   Almost anyone can start trading in the Forex market as the minimal capital necessity with many Best Forex Broker is around $100(Rs.5000 App) in spite of popular faith that you need large amounts of capital. As long as you follow the correct trading values you can start making income from your capital.   The Forex market is enormous there is trillions of dollars being traded every day so you don’t need to worry about,

Online Forex trading  is a speedy way to use your investment capital to its fullest. The Forex markets present distinct advantages to the small and large traders alike making Forex currency trading in many ways preferable to other markets such as stocks options or traditional futures. Here are some of the important benefits of online forex trading.                    Forex is the largest market. Forex trading volume is more than 1.9 billion more than 3 times larger than the equities market and more than 5 times bigger than futures; give Forex traders nearly limitless liquidity and flexibility.             No Bulls or Bears! Because Forex trading online involves the buying of one currency while simultaneously selling another you have an equal opportunity for profit no matter which way the currency is headed. Another advantage is that there are only around 14 pairs of currencies to trade as opposed to many thousands ofstocks options and futures.            Forex Trading online offer

Here in this article we will discuss six steps that will help you to sharpen your Currency trading skills. 1.    Strategize, Analyze and Diarize. 2.    Learn to Manage Your Risk 3.    Choose Your Approach 4.    Chart Your Course with Technical Analysis 5.    Be In The Know with Fundamental Analysis 6.    Beware of Psychological Pitfalls 1.     Strategize, Analyze and Diarize.        Successful traders do three things that amateurs often forget. Firstly a.     Plan How You Will Trade: We know the saying that “if you fail to plan, you plan to fail." This is particularly true in Forex speculation. Successful traders start with a sound strategy and they   stick to it at all times. ·      Choose the currency pairs that are right for you. Some money pairs are unstable and move a lot intra-day. Some currency pairs are stable and make slow moves over longer time periods. Based on your risk parameters decide which currency pairs are best suited to your trading strategy

Currency trading can draw its history back to the middle ages when global merchant banker devised the system of using bills of exchange. It is however changes which have occurred throughout the twentieth century which have actually shaped trading in the global currency market we see today. In the 1930s the British pound was measured to be the world's principle trading currency and was the currency detained by many countries as their main reserve currency.    In spite of its size India plays a comparatively small role in the world financial system. Until the 1980s the government did not make exports a priority. In the 1950s and 1960s Indian officials thought that trade was biased against developing countries and that forecast for exports were severely limited. So, the governments meant at self-sufficiency in most products during import replacement with exports cover the cost of residual import necessities. Foreign trade was subjected to strict government controls which consisted of

Forex trading is the immediate trade of one currency and the selling of another. Currencies are traded through an agent or dealer and are traded in pairs. For example Euro (EUR), US dollar (USD), British pound (GBP) or Japanese Yen (JPY).Here you are not buying anything physical; this type of trading is confused. Think of buying a currency as buying a share of a particular country. When you purchase say Japanese Yen, you are in effect buying a share in the Japanese financial system, as the price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy. In common, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's financial system compared to the other countries financial system. Unlike other financial markets like the New York Stock Exchange , the Forex spot market has neither a physical location nor a central exchange. The Forex market is measured an Ove