What Is a Currency Pair? A currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency. Currency pairs compare the value of one currency to another—the
What Is a Currency Peg? A currency peg is a policy in which a national government or central bank sets a fixed exchange rate for its currency with a foreign currency or a basket of currencies and stabilizes the exchange rate between countries. The currency exchange rate is the value of a currency compared to
What Is a Crypto Commodity? Crypto commodity is a general term used to describe a tradable or fungible asset that may represent a commodity, utility, or contract in the real- or virtual-world through exclusive tokens on a blockchain network. Understanding Crypto Commodities A quick dive into the evolutionary history of cryptocurrency platforms is helpful in
What Is Cryptojacking? Cryptojacking is a type of cyberattack in which a hacker co-opts a target’s computing power to illicitly mine cryptocurrency on the hacker’s behalf. Cryptojacking can target individual consumers, massive institutions, and even industrial control systems. The malware variants involved in cryptojacking slow down infected computers, as the mining process takes priority over other legitimate
What Is CryptoRuble? The CryptoRuble is a digital currency currently in development, commissioned by Russian President Vladimir Putin. It will not be a cryptocurrency in the way that Bitcoin is, as it will be issued by the government with no mining involved. The value of the CryptoRuble will be identical to the value of a
What Are Crypto Tokens? The term crypto token refers to a special virtual currency token or how cryptocurrencies are denominated. These tokens represent fungible and tradable assets or utilities that reside on their own blockchains. Crypto tokens are often used to fundraise for crowd sales, but they can also serve as a substitute for other
What Is Crystallization? Crystallization is the selling of a security to trigger capital gains or losses. Once there is a capital gain or loss, investment tax applies to the proceeds. How Crystallization Works When an investor buys a capital asset, an increase (or decrease) in the value of the security does not translate to a
What Were Canada Savings Bonds? (CSB) Canada Savings Bonds (CSBs) were a financial product issued by the Bank of Canada (BOC) from 1946 through 2017. They offered a competitive rate of interest, with a guaranteed minimum rate. These bonds had both regular and compound interest features and were redeemable at any time. Introduced as a way
What is the Canadian Securities Course (CSC™)? The Canadian Securities Course (CSC™) is an entry-level education program offered by the Canadian Securities Institute (CSI). Successful completion of the program and exam permit an individual to work in the Canadian securities industry as a registered securities representative for a securities broker. The CSC can also be
What Was the Coffee, Sugar and Cocoa Exchange? The Coffee, Sugar and Cocoa Exchange (CS&CE) was a commodities exchange established in September 1979 to facilitate commodity futures trading. The exchange had its roots in the Coffee Exchange, which was established in New York City in 1882. The Coffee Exchange added trading in sugar in 1914
