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Shared web hosting service  

Sunday, August 23, 2009


Shared web hosting service: one's Web site is placed on the same server as many other sites, ranging from a few to hundreds or thousands. Typically, all domains may share a common pool of server resources, such as RAM and the CPU. The features available with this type of service can be quite extensive. A shared website may be hosted with a reseller.

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Free web hosting service  


Free web hosting service: Free web hosting is offered by different companies with limited services, sometimes advertisement-supported web hosting, and is often limited when compared to paid hosting.

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Web hosting service  


A web hosting service is a type of Internet hosting service that allows individuals and organizations to provide their own website accessible via the World Wide Web. Web hosts are companies that provide space on a server they own or lease for use by their clients as well as providing Internet connectivity, typically in a data center. Web hosts can also provide data center space and connectivity to the Internet for servers they do not own to be located in their data center, called colocation.

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Forex Bretton Woods system  

Thursday, August 20, 2009


The Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states in the mid 20th century. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent nation-states.

Preparing to rebuild the international economic system as World War II was still raging, 730 delegates from all 44 Allied nations gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire, United States, for the United Nations Monetary and Financial Conference. The delegates deliberated upon and signed the Bretton Woods Agreements during the first three weeks of July 1944.

Setting up a system of rules, institutions, and procedures to regulate the international monetary system, the planners at Bretton Woods established the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), which today is part of the World Bank Group. These organizations became operational in 1945 after a sufficient number of countries had ratified the agreement.

The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained the exchange rate of its currency within a fixed value—plus or minus one percent—in terms of gold and the ability of the IMF to bridge temporary imbalances of payments. In the face of increasing financial strain, the system collapsed in 1971, after the United States unilaterally terminated convertibility of the dollars to gold. This action caused considerable financial stress in the world economy and created the unique situation whereby the United States dollar became the "reserve currency" for the states which had signed the agreement.

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Balance of Forex trade  


The balance of trade (or net exports, sometimes symbolized as NX) is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is the relationship between a nation's imports and exports.[1] A favourable balance of trade is known as a trade surplus and consists of exporting more than is imported; an unfavourable balance of trade is known as a trade deficit or, informally, a trade gap. The balance of trade is sometimes divided into a goods and a services balance.

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Currency pair  



A currency pair depicts a quotation of two different currencies. The first currency in the pair is the base currency (or transaction currency). The second currency in the pair is labelled quote currency (payment currency, counter currency). Such a quotation depicts how many units of the counter currency are needed to buy one unit of the base currency.

For example the quotation EUR/USD 1.2500 means that one euro is exchanged for 1.25 US dollar. If the quote moves from EUR/USD 1.2500 to EUR/USD 1.2510, the euro is getting stronger and the dollar weaker. On the other hand if the EUR/USD quote moves from 1.2500 to 1.2490 the euro is getting weaker while the dollar is getting stronger.

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Retail forex platform  




Retail forex trading is a segment of the vast foreign exchange market. It has been speculated that it represents 2 percent of the whole forex market which amounts to $50-60 billion [1][2] in daily trading turnover. Due to the increasing tendency in the past years of the gradual shift from traditional intrabank 'paper' trading to the more advanced and accurate electronic trading, there has been spur in software development in this field. This change provided different types of trading platforms and tools intended for the use by banks, portfolio managers, retail brokers and retail traders.

One of the most important tools required to perform a forex transaction is the trading platform providing retail traders and brokers with accurate currency quotes.

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Foreign currency mortgage  


A foreign currency mortgage is a mortgage which is repayable in a currency other than the currency of the country in which the borrower is a resident. Foreign currency mortgages can be used to finance both personal mortgages and corporate mortgages.

The interest rate charged on a Foreign currency mortgage is based on the interest rates applicable to the currency in which the mortgage is denominated and not the interest rates applicable to the borrower's own domestic currency. Therefore, a Foreign currency mortgage should only be considered when the interest rate on the foreign currency is significantly lower than the borrower can obtain on a mortgage taken out in his or her domestic currency.

Borrowers should bear in mind that ultimately they have a liability to repay the mortgage in another currency and currency exchange rates constantly change. This means that if the borrower's domestic currency was to strengthen against the currency in which the mortgage is denominated, then it would cost the borrower less in domestic currency to fully repay the mortgage. Therefore, in effect, the borrower makes a capital saving.

Conversely, if the exchange rate of borrowers domestic currency were to weaken against the currency in which the mortgage is denominated, then it would cost the borrower more in their domestic currency to repay the mortgage. Therefore, the borrower makes a capital loss.

When the value of the mortgage is large, it may be possible to reduce or limit the risk in the exchange exposure by hedging (see below).

Managed currency mortgages can help to reduce risk exposure. A borrower can allow a specialist currency manager to manage their loan on their behalf (through a limited power of attorney), where the currency manager will switch the borrower's debt in and out of foreign currencies as they change in value against the base currency. A successful currency manager will move the borrower's debt into a currency which subsequently falls in value against the base currency. The manager can then switch the loan back into the base currency (or another weakening currency) at a better exchange rate, thereby reducing the value of the loan. A further benefit of this product is that the currency manager will try to select currencies with a lower interest rate than the base currency, and the borrower therefore can make substantial interest savings.

There are risks associated with these types of mortgages and the borrower must be prepared to accept an (often limited) increase in the value of their debt if there are adverse movements in the currency markets.

A successful currency manager may be able to use the currency markets to pay off a borrower's loan (through a combination of debt reduction and interest rate savings) within the normal lifetime of the loan, while the borrower pays on an interest only basis.

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Foreign exchange service (telecommunications)  




For the use of this term in finance, see Foreign exchange service (finance).

In telecommunication, foreign exchange service (FX) is a network-provided service in which a telephone in a given exchange area is connected, via a private line, to a central office in another foreign exchange, rather than the local exchange area where the device is located.

To call originators, it appears that the called party having the FX service is located in the foreign exchange area.

[edit] Purpose

In basic telephony there are two types of offices: local and foreign. A local office was assigned a specific area, and all telephone services provided to that area came from that central office. Each central office had its unique identifier. In the early days names were used, such as "Jackson" or "Newton". The office names were changed to three-digit numerical exchange codes (NNX), prefixed to the local phone number (not the area code).

Customers who want a telephone number provided by a neighboring telephone central office, lease a "foreign exchange" line. With the old two-wire loop technology, this would require an engineered circuit with increased costs. The practice is rare except in big cities.

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Foreign exchange station  




In telephony, a Foreign eXchange Station, or FXS, is a telephone interface which supplies battery power, provides dialtone, and generates ringing voltage. A device that connects to such an interface contains an Foreign exchange office (FXO) interface and could be a standard analog telephone or a private branch exchange (PBX) to receive telephone service.

Any telephone exchange is an example of an FXS, as is the telephone jack on the wall, though the term is rarely applied except in connection with foreign exchange service.

An FXS interface utilizes an FXO protocol to detect when the terminating device (telephone) goes on-hook or off-hook, and can send and receive voice signals.

An FXS interface provides service at the "station" end of a foreign exchange line.

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Long-term exchange  



A long term exchange is considered an exchange which is designed to last six to ten months or up to one full year. Participants are to attend high school in their host countries, through a student visa. Typically, non-USA students coming to the USA are issued J-1 Cultural Exchange Visas though some programs may use the F-1 Foreign Student Visa. Students are expected to integrate themselves into the host family, living as a natural child would, immersing themselves in the local community and surroundings, and upon their return to their home country are expected to incorporate this knowledge into their daily lives, as well as give a presentation on their experience to their sponsors. This is a hallmark of the AFS and Rotary programs. Many exchange programs expect students to be able converse in the language of the new host country, at least on a basic level. Some programs require students to pass a standardized test for English language comprehension, for example, prior to being accepted into a program taking them to the United States. Others do not examine basic language communication ability. Most exchange students become fluent in the language of the host country in which they are a new student within a few months. Some exchange programs, such as the Congress-Bundestag Youth Exchange are government-funded programs. Most programs do not require an actual exchange of individual students between countries. Instead the majority of exchange students are those coming into the U.S., without any American leaving the U.S. The exchange consists of the foreign student and the host parents or host family sharing culture and comparing daily life and habits while building a natural friendship that will endure beyond the actual exchange year. The focus is on improving international relations and cultural understanding.

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Foreign exchange office  





n telecommunications, Foreign Exchange Office, or FXO, designates a telephone signaling interface that receives POTS, or "plain old telephone service". It generates the off-hook and on-hook indications (loop closure/non-closure) at the FxS's end of a telephone circuit. Analog telephone handsets, fax machines and (analogue) modems are FXO devices, though the term is rarely used except in connection with Foreign exchange service (FX).

FXO interfaces are also available for computers and networking equipment, to allow these to interact directly with POTS systems. These are commonly found in devices acting as gateways between Voice over Internet Protocol (VoIP) systems and the public switched telephone network (PSTN).

[edit] In a nutshell

An FXO device is any device that, from the point of view of a telephone exchange, appears to be a regular telephone. As such, it should be able to accept ringing signals, go on-hook and off-hook, and send and receive voice frequency signals. It may use loop start or ground start signaling. FXO channel units were invented and named in the middle 20th century for service at the "Office" end of an FX line via carrier system.

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