Below is a glossary of terms that are used in the online trading industry. Select the first letter of the word you are seeking from the list above to jump to the appropriate section of the glossary.
Central Bank (CB)
A government or quasi-governmental institution that manages and controls a country’s (or group of countries’) monetary policy. Its responsibilities normally include issuing notes and coins, managing the country’s credit system and supervising over its commercial banking system. Prominent central banks include the Federal Reserve Bank, the Bank of England (BOE), the European Central Bank (ECB), the Bank of Japan (BOJ), and the People’s Bank of China (PBC).