Nelly Naneva

LL.M, MBF

Free

Forex Trading Expert

Nelly Naneva

Nelly Naneva Quick Facts

Main Areas
forex, financial markets, finance law
Best Sellers
Legal Nature of Derivative Financial Instruments
Career Focus
financial markets
Affiliation
Freetrade JSC

Nelly Naneva works as CEO of the Financial Institution Freetrade JSC, Sofia, Bulgaria and as Editor of the Online Financial Magazine Markets Weekly. (http://marketsweekly.net)

She holds Masters' Degrees in Law from Sofia University St. Kliment Ohridski, Bulgaria and in Banking and FInance from Institute of Financial Services, School of Finance, London, Great Britain.

Articles by this expert

SelfGrowth articles and saved writing connected to this expert.

8 total
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What is the best way to manage an organization? Scientific management, training groups, wellness programs, and organizational culture are only small part of the many managerial approaches managers have tried to implement in order to make more effective the workings of companies. Where does a manager begin to implement all these concepts and ideas? Probably the best place is with an understanding of the principles of organizational behavior. Practical Applications

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Many centuries ago, the value of commodities was expressed in terms of other goods. This type of economics was grounded on the barter system among individuals. The obvious limitations of such an economic system spurred people to invent more generally accepted mediums of exchange. It was essential to estimate something as a common base of value. In some economies, different goods served for such purpose-mainly agricultural goods like cattle, furs and grain.

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Forex market is an around-the-clock market where the currencies of nations are traded, typically via brokers. Foreign currencies are bought and sold across the globe, and traders’ investments increase or diminish in value based on market movements. Foreign exchange market conditions can change at any time in answer to current developments. The main benefits of Forex trading are: 24-hour trading, 5 days a week with nonstop access to global Forex markets; An immense liquid market providing opportunities to trade most currencies; Volatile market offering unlimited profit opportunities;r

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No Commissions Forex brokers normally do not charge commissions or other charges for currency trading. In combination with the invariable, narrow spreads, the costs involved in the Forex trade are considerably lower compared to any other market. Liquidity

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Derivatives are financial instruments that derive their value from other underlying assets (interest rate, commodity, currency, stock, index, etc.) They are traded Over-the-Counter or on regulated market by investors or other financial institutions. Derivative products are the most commonly used financial instruments for hedging various types of risks: exchange-rate, price, interest rate, credit, etc.

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What is happiness?

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After the collapse of Bretton Woods system in the early 1970, the exchange rates of major currencies became floating, thus leaving the supply and demand to adjust foreign exchange rates in accordance to their perceived values. The increase in volatility of the exchange rates, together with the increase in the volume of world trade led to the escalation of foreign-exchange risk.

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Against the background of the financial difficulties of households and despite some forecasts of last year for a revival of the economy, the vast majority of consumers have restricted their consumption and remain pesimists for the recent exit of the crisis. Europe's consumers have already reduced their spending in reaction to the economic slowdown.

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Contacting Nelly Naneva

Other highlights

Scientific Monographs

Nelly Naneva (2009), Legal Nature of Derivative Financial Instruments, Legal Literature Publishing House.

Prof. PhD. Borislav Yotov, Nelly Naneva (2009), Crimes Against Monetary and Credit System and the Customs Procedures (Smuggling), Legal Literature Publishing House.