Different Types of Cheques in India

The three parties of a cheque are the drawer (issuer), payee (recipient), and drawee (bank or financial institution). There are various types of bank cheques, but they commonly fall under categories like cashier’s cheques, traveler’s cheques, and certified cheques. Generally, a cheque’s validity is up to three months starting from the date mentioned. A cheque …

Trend Line In Excel Step by Step Examples, How To Add?

So, this is how to add tend lines in Excel and anyone can follow the steps given above without any hesitation. You will notice the mathematical equation that appears to the right of the Trendline. That is the formula used to generate the Trendline and you can move it anywhere on the chart by clicking …

MetaTrader 4 MT4: The Complete 2025 Guide

To make matters worse, the newer macOS systems do not support 32-bit applications. Follow your broker’s step-by-step instructions and contact its customer service agents if you have problems. The installation will typically be a smooth one, but if you have a problem, contact your broker for support or review the FAQ section about an MT4 …

Transaction Cost Economics Definition & Examples

Essentially, transaction costs are the economic concept that explains the inefficiencies present in making exchanges within markets. The price of the house itself is a significant expense, but additional transaction costs must also be taken into account. These include legal fees, real estate agent commissions, the cost of obtaining a mortgage, and taxes. Furthermore, there …

Pound Sterling Vs British Pound: What Is The Difference?

The exchange rate of the pound sterling is closely monitored and influenced by economic policies and market forces. The Bank of England plays a key role in managing monetary policy, including interest rates and inflation, to maintain the stability of the currency. The value of the pound sterling against other currencies is a critical factor …

Position Trading: Definition, How it Works, and Strategies

This creates temporary imbalances between the fair values of index options and the aggregate values of component options, leading to conversion opportunities at index and individual stock levels. Learn how to identify and trade pricing discrepancies in the options market. This session examines put-call parity fundamentals and methodologies for detecting when these relationships temporarily break …

12 Key benefits of mergers and acquisitions M&A

The combined strengths of the merged entities can lead to a more robust market position, increased bargaining power with suppliers and customers, and the ability to offer a more comprehensive range of products and services. This competitive benefit of mergers and acquisitions can significantly drive long-term success in a crowded marketplace. The talent war is …

Maxwell’s Right Hand Grip Rule And Right Handed Cork Screw Rule

Electromagnetism is a branch of physics that describes the interactions of electricity and magnetism. Lenz’s law of electromagnetic induction is another topic that often seems counterintuitive, because it requires understanding how magnetism and electric fields interact in various situations. Ampère’s right hand grip rule also tells us the magnetic polarity of a current-carrying solenoid. A …

Trading Psychology and Open Position Ratio: A Deep Dive

When the ratio becomes extremely skewed, it may indicate that the market is nearing a turning point. For example, if the majority of traders are holding long positions, it could suggest that the market is overbought and due for a correction. It outlines specific entry and exit criteria, risk management strategies, and overall trading goals. …