What Is a Pari Passu Clause?

What Is a Pari Passu Clause?

by | 19 Oct 2023 | Forex Trading

Here, the Pari Passu principle ensures that each lender’s rights are safeguarded, preventing any single lender from claiming a preferential right to the property’s assets or revenues. Because secured loans are guaranteed by a specific asset, they are often not totally...
Overview of the Federal Open Market Committee

Overview of the Federal Open Market Committee

by | 8 Nov 2021 | Forex Trading

The FOMC typically meets about every six weeks, culminating in about eight meetings a year. Broader economic events could, however, prompt the Fed to meet outside of its original schedule. The chair of the board serves as the chair of the broader FOMC, a position...