Wega Trade



Glossary









Glossary

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In this section you can find definition to all the terms you may encounter working with our company, homepage or platform.

We tried to explain various definitions concerning our company’s activities.

Glossary is short, clearly and simple about financial markets.

In case you will not find a definition for an unknown term – you always may ask us directly by phone: +38 (044) 28 82 999 or by e-mail: info@wega-trade.com.

 

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Central Bank —

The entity responsible for overseeing the monetary system for a nation (or group of nations). Central banks have a wide range of responsibilities, from overseeing monetary policy to implementing specific goals such as currency stability, low inflation and full employment.

Central banks also generally issue currency, function as the bank of the government, regulate the credit system, oversee commercial banks, manage exchange reserves and act as a lender of last resort. The central banking system in the U.S. is known as the Federal Reserve System (commonly known as "the Fed"), which is composed of 12 regional Federal Reserve Banks located in major cities throughout the country.

The main tasks of the Federal Reserve are to supervise and regulate banks, implement monetary policy by buying and selling U.S. Treasury bonds and steer interest rates.





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