A currency must be converted into another in order to conduct financial transactions, make investments, or travel. This process is known as forex trading or FX trading. The daily trading volume in the world's foreign exchange market increased to $7.5 trillion in 2022, according to a report published in 2022 by the Bank for International Settlements, a global organization that supports central banks worldwide. To learn more about the forex market, its different uses, and the crucial steps on how to start a forex trading journey, keep reading.

NCD stands for Non-Convertible Debenture. It is a debt instrument issued by companies to raise funds from the public. Unlike convertible debentures, NCDs cannot be converted into equity shares. NCDs typically offer a fixed interest rate and have a specified maturity date, making them an attractive investment option for investors seeking fixed-income instruments.

The total amount of open derivative contracts, e.g., options or futures that are not settled, shall be considered open interest. The futures and options markets are frequently associated with open interest. Open interest refers to new or additional money coming into the market while decreasing open interest refers to money leaving the market. You must know traders can buy and sell to start and close positions to understand open interest. To better understand what open interest is in the share market, read this article below.

The grey market, or parallel market, is a place where shares of a company are bought and sold outside the official trading channels.