What Is Blockchain Technology?

Blockchain technology is an encrypted, decentralized, peer-to-peer database. Its strength lies in the fact it is decentralized. For example, let’s say that a stock exchange has a single database of all the owners of every piece of stock traded, which is continuously updated. The database is stored in a single physical location, on one server. What if the database is hacked, destroyed, or otherwise corrupted by a computer virus or act of nature? Of course, the database would probably be backed up in at least one other location, but it is still relatively vulnerable, and can be easily tampered with. Blockchains, though, are decentralized peer to peer databases, where the content files are broken up, encrypted, and stored differentially on thousands of nodes

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Best Tools for Your Daily Forex Trading

Forex trading takes place in a competitive arena. Every trader is looking for awesome forex trading tools to help them. Even better if they are free.
The good news is that there are dozens of free forex trading tools. The bad news is that most free forex trading tools are unreliable and confusing.
In this bundle, you will find seven free forex trading tools that are slick, easy-to-use, and practical.
The following is a list of some important utilities you should be making use of in your currency trading:

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What is Ethereum?

Ethereum is an open blockchain platform that lets anyone build and use decentralized applications that run on blockchain technology. Like Bitcoin, no one controls or owns Ethereum – it is an open-source project built by many people around the world. But unlike the Bitcoin protocol, Ethereum was designed to be adaptable and flexible. It is easy to create new applications on the Ethereum platform, and with the Homestead release, it is now safe for anyone to use those applications.

Ethereum is a programmable blockchain. Rather than give users a set of pre-defined operations (e.g. bitcoin transactions), Ethereum allows users to create their own operations of any complexity they wish. In this way, it serves as a platform for many different types of decentralized blockchain applications, including but not limited to cryptocurrencies.

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What Is an NDD Broker?

Dealing Desks (DD)

Dealing desk brokers are also known as market makers. This is because they make money through spreads and providing liquidity to their clients (That’s you!) usually by taking the opposite side of their trades. In other words, they make a market by filling your buy or sell orders with countertrades.

Some say that this can lead to a conflict of interest, as there are dealing desks that might fill your orders on a discretionary basis depending on whether or not their own opposing position could turn out profitable for them, but this isn’t always the case. Ideally, market makers stick with their provided bid/ask quotes and fill clients orders while being indifferent to how the positions might fare.

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What is the USD Index?

USD Index Definition. The USD or U.S. Dollar Index (USDX) is an index that determines the relative value of the United States Dollar to a basket of foreign currencies. Since currencies come in pairs that are influenced by the respective fundamentals of each country’s economy, it is difficult to measure on an overall basis whether a currency is strengthening or weakening in the forex market. This formulated “basket” of currencies comprises the weighting of six other currencies as follows:

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