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The Euro Currency Index (ECX, also EURX or EXY) was launched on 13 January 2006 by the New York Board of Trade (NYBOT) and calculated back to 2001. [5] In 2007, the IntercontinentalExchange (ICE) based in Atlanta (USA) changed the name of the stock exchange in IntercontinentalExchange [6] The index was a ratio that compared the value of the euro by a currency basket of five currencies: US ...
For a trade with a time to expiry of v days, the expiry date is the day v days ahead of the horizon date (unless it is a weekend or 1 January, in which case the date is rolled forward to a weekday) and for a trade with time to expiry of x weeks, the expiry date is the day 7x days ahead of the horizon date (with the same conditions as above).
ECMWF aims to provide accurate medium-range global weather forecasts out to 15 days and seasonal forecasts out to 12 months. [11] Its products are provided to the national weather services of its member states and co-operating states as a complement to their national short-range and climatological activities, and those national states use ECMWF's products for their own national duties, in ...
The length of the time step chosen within the model is related to the distance between the points on the computational grid, and is chosen to maintain numerical stability. [52] Time steps for global models are on the order of tens of minutes, [53] while time steps for regional models are between one and four minutes. [54]
The ENIAC main control panel at the Moore School of Electrical Engineering operated by Betty Jennings and Frances Bilas. The history of numerical weather prediction began in the 1920s through the efforts of Lewis Fry Richardson, who used procedures originally developed by Vilhelm Bjerknes [1] to produce by hand a six-hour forecast for the state of the atmosphere over two points in central ...
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.
In Czech quarters and halves always refer to the following hour, e.g. čtvrt na osm (quarter on eight) meaning 7:15, půl osmé (half of eight) meaning 7:30 and tři čtvrtě na osm (three-quarters on eight) meaning 7:45. This corresponds to the time between 7:00 and 8:00 being the eighth hour of the day (the first hour starting at midnight).
For example, to calculate the 6-month forward premium or discount for the euro versus the dollar deliverable in 30 days, given a spot rate quote of $1.2238/€ and a 6-month forward rate quote of $1.2260/€: = = = %