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For transactions in US Dollars that are deposited in Non USA based banks. They are worldwide and not just in Europe despite the name 'Euro'dollar. Because they are held overseas the trading is not liable for regulation by the US Federal Reserve Board.
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∙ 13y ago
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What is an overseas deposit unit?
eurodollar
Does Finland use eurodollar's?
Finland uses Euro as their currency
The sterling equivalent of the eurodollar is short sterling but what is the Euro equivalent?
Euribor
In what ways can CME Eurodollar Futures be used?
CME Eurodollar Futures are a hedge fund where investors can take advantage of short term interest rates. One can find more information on this option via Bloomberg, for example.
What is the Eurodollars current value in us dollars?
A dollar is worth the same whether deposited in a foreign country or in the United States. 1 eurodollar equals 1 us dollar. A eurodollar is just a us dollar deposited in a foreign bank.
What does 70euro mean?
It's money. The eurodollar, usually called the euro, is the standard currency in most of Europe. Seventy euro is, well, seventy euros.
What are the advantages and disadvantages of mark to market?
Advantages: Eurodollar market has lower interest rates because of less regulation, also financing is cheaper for borrowers, as the market goes by interbank rates Disadvantages: No lender of last...
When taking a long position in a Eurodollar Future Contract why is it said that an interest rate is locked in if the investor can lose money when the interest rate increases?
Due to tthe portion of the pie the others are ttaking the interest rate will decrease.
What has the author Henry S Terrell written?
Henry S Terrell has written: 'International banking facilities and the Eurodollar market' -- subject(s): Banks and banking, International, Euro-dollar market, International Banks and banking
HOW does prime rate change effect Eurodollar dollar exchange rate?
I'm in class working on research and my book sayes : The prime rate is the rate banks make available to their best business customers, suck as large corporations.
When to use Eurodollar Futures and not Interest Rate Swaps for interest rate risk?
They are basically the same. A swap is like a sequential series of ED futures. There is a minor difference in that the ED futures have no convexity, while the swap does. In most cases, to the end user, this is relatively inconsequential.
What has the author W P Hogan written?
W. P. Hogan has written: 'The incredible eurodollar, or, Why the world's money system is collapsing' -- subject- s -: Euro-dollar market, International finance 'Foreign investment and capital inflows' -- subject- s -: Addresses, essays, lectures, Investments Foreign
