FX, FOREX

An abbreviation for “Foreign Exchange”.

 Futures

A derivative, an obligation to make or take delivery of a specified quantity and quality of an underlying asset at a particular time in the future and at a price agreed when the contract was executed.

Fund-of-Funds

A fund whose principal activity consists of investing in other investment funds managed by several different investment managers. Capital is allocated among a number of funds which may utilise a variety of investment styles, creating a diverse vehicle for investors and providing them with access to managers that they might not be able to discover […]

Fragmented Industry

A fragmented industry is an industry which contains many small or relatively small competitors and no, or few, leaders in each relevant geographic and/or product market.