Exchange and Offline: Difference between pages

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1. ''Investment - trading.''
1.  
In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users, through such means as voice, written or telefaxed instructions, that must subsequently be input into a transfer processing system.


A traditional exchange is an open and organised marketplace in which commodities, securities or other financial instruments are traded.
2.  
 
The term may also refer to the storage of data by a transfer processing system on media such as a magnetic tape or disk so that the user may not have direct and immediate access to the data.
Examples include stock exchanges such as the London Stock Exchange.
 
 
2. ''Investment - trading - other intermediaries.''
 
More broadly, any intermediary that facilitates a broad range of economic activities, and including intermediaries that may be less well-organised, and less secure for participants.
 
For example, cryptoasset exchanges.
 
 
3. ''Foreign currency.''
 
Relating to transactions between different currencies.
 
 
4. ''Financial and commercial transactions.''
 
Relating to a two-way flow of money or other value.
 
Contrasted with a one-way flow, such as a remittance.


3.
More generally, operating independently of - or disconnected from - another computer or electronic terminal.  For example, not connected to the internet.


== See also ==
== See also ==
* [[Commodity]]
* [[Online]]
* [[Cryptoasset exchange]]
* [[Exchange controls]]
* [[Exchange creditors]]
* [[Exchange-for-value system]]
* [[Exchange rate]]
* [[Exchange traded]]
* [[Exchange Traded Commodity]]
* [[Exchange-traded funds]]
* [[Financial instrument]]
* [[Foreign currency]]
* [[Foreign exchange]]
* [[Intermediary]]
* [[Remittance]]
* [[Security]]
* [[Stock exchange]]
* [[World Federation of Exchanges]]


[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Financial_products_and_markets]]

Revision as of 14:20, 23 October 2012

1. In the context of payment and settlement systems, this term may refer to the transmission of transfer instructions by users, through such means as voice, written or telefaxed instructions, that must subsequently be input into a transfer processing system.

2. The term may also refer to the storage of data by a transfer processing system on media such as a magnetic tape or disk so that the user may not have direct and immediate access to the data.

3. More generally, operating independently of - or disconnected from - another computer or electronic terminal. For example, not connected to the internet.

See also


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