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Crime / Re: Man Peeps At Neighbour’s Naked Wife In Bathroom In Lagos by andrew12(m): 1:06pm On Jul 02, 2015
Music/Radio / Rihanna 'better Have My Money' Video Is Here, And It's Pretty Chilling Stuff by andrew12(m): 1:04pm On Jul 02, 2015
HOW ARE YOU MY FELLO NAIRALNDERS I USED TO BE ONE OF THOSE PEOPLE WHO JUST COME HERE TO READ STUFF BUT I AM A VERY BIG FAN OF RIRI POPULARLY KNOWN AS RIHANNA AND I JUST SAW THE NEW VIDEO THAT DROPED I BET YOU SHOULD SEE THIS STUFF

Following her preview it at the BET Hip Awards this past weekend, Rihanna stays true to her word and debuts the official video for “Bitch Better Have My Money” today.

Co-directed by herself & Megaforce, the 7-minute clip finds RiRi taking matters into her own hands and going on a wild kidnapping and killing spree. Containing nudity, violence, and explcit lyrics, “Bitch Better Have My Money” is a cinematic short film that RiRi is awfully proud of, and rightfully so. She states on IG hours before the premiere,

"Ya girl got director skillz!!! The concept for this piece came to me 8 months ago!!! So you can imagine how anxious I am right now!!!."

Watch the video above and let us know what you think of it. R8 on the way.
Tags: Rihanna, bitch better have my money

LINK: http://www.hotnewhiphop.com/rihanna-bitch-better-have-my-money-video-new-video.34437.html

I HOPE THIS MAKE FRONT PAGE......
Nairaland / General / Re: #itsonlyinnigeria Trending On Twitter (screenshots) by andrew12(m): 1:32pm On Jun 23, 2015
#ITISONLYINNIGERIA We praise the highest thiefs in our Neighborhood as sharp guys
Nairaland / General / Re: #itsonlyinnigeria Trending On Twitter (screenshots) by andrew12(m): 1:29pm On Jun 23, 2015
#ITISONLYINNIGERIA You spend your salary on fuel and still have money to pay your rent

1 Like

Investment / Introduction To Global Foreign Exchange Market by andrew12(m): 9:38pm On Jun 12, 2015
INTRODUCTION TO GLOBAL FOREIGN EXCHANGE MARKET

The foreign exchange market is a highly decentralized medium of exchanging the currencies of different countries. The market is said to be highly decentralized because much of the transactions are done Over–The-Counter. Only about 4 percent of these transactions are done in some exchanges in the United States (Chicago mercantile exchange), the European Union and Asia (Tokyo stock exchange). The foreign exchange is an integration of markets from all over the world. It is a 24hours, 5 days a week operation, this implies that trading hours do overlap. As some financial markets prepares to close, other financial market opens. An example is the London market session which coincides with the closing hours of the Asian session and the opening hours of the United States sessions. The Bank of International Settlements (BIS), the mother of central banks all over the world , Stated that global currency transactions amount to around 4.2trillion dollars per day, a figure that leads the daily transaction size of asset classes such as Bonds, Equity etc. Generally, the three most traded pair in terms of daily volume are the EURUSD, USDJPY and GBPUSD with 32%, 13% and 13% respectively, as stated by the Bank of England .

In the course of introducing this market, focus would be streamlined to the reasons behind the existence of the market, and the general market structure (market instruments, participants, market connectivity and regulation).

Originally, the participants in the foreign exchange markets are importers and exporters of goods and services. Historically, they use this medium to facilitate trades, a sole reason for the existence of this market. But as other need emerges, this list has increased over the decades to include financial institutions, Central banks, and leveraged retail traders. Details of how these participants use the market are given below.

IMPORTERS AND EXPORTERS (CORPORATES)

This class of market players uses the foreign exchange market to support the treasury operations associated with the core of their business activities such as mining, shipping and manufacturing. As such, corporations primarily use foreign exchange market as a medium of exchange; they trade relatively small amounts and hold these positions only briefly. Most of these corporates chose not to do speculative trading. Given their institutional needs



, this seems logical. An example of the type of transaction they do, is hedging against downside currency and commodity risks. Another is say, a United States multinational needing EUR to pay tax in Germany can decide to sell its USD holding to buy the EUR for payment to the German government.



FINANCIAL INSTITUTION

Financial institutions are a diverse category that includes Hedge funds and other Asset managers, Commercial banks, Brokers, Dealers, Central banks etc. As compared to corporate participants, financial institutions trade larger amounts and hold positions for far longer period. They control about 80 percent of the daily transaction in the foreign exchange market. Their use of the market includes treasury management, proprietary trading, client’s asset management, risk hedging, arbitrage, open market operations etc. This class of participants can be divided into leveraged and unleveraged.

Leveraged institutional participants

Example of financial institutions that falls into this category are the Hedge funds managers. Usually they employ the use of well defined speculative strategies that are based on fundamental analysis, Technical analysis and Quantitative analysis, with the use of leverage to maximize profit.

Unleveraged institutional participants

This category includes Commercial banks, Pension fund managers, Insurance companies, Endowment funds and Mutual funds etc. Usually this group employ hedging strategies so as for them to contribute to the development of a country.

CENTRAL BANKS

Although, private financial institutions dominates the foreign exchange market but the central banks are noteworthy participants in this market. Central banks use the foreign exchange market for open market operations(OMO) and also trade foreign exchange as part of the regular procurement for government functioning.

RETAIL INVESTORS

This class of market participant uses the market for speculative reasons. Before the advent of the Internet, the foreign exchange market is restricted only for the financial institutions and multinational companies. The arrival of the internet resulted in a drastic reduction of spreads, trade execution time and trade requirements. It is gotten from history that the first retail foreign exchange margin trade was executed by CMC Markets, a foreign exchange dealer in the United States, in the year 1996.

It is important for us to have an idea about Derivatives in general. It`s a super set that contains currency tied financial instruments. Derivatives are financial instruments which derive value from the value of an underlying entity such as equities, interest rates, indexes, and commodities.

Obviously from the definition and the class of market participants (financial institutions) that uses these financial instruments, we observe the volume potential of the Derivative market. The Currency derivative segment of the global derivative market is 9.1 percents, a figure that is second to the Interest rate Derivatives which has 80.6 percent. The remainder is for debt, equity and commodity based Derivatives.

Due to our interest in the currencies market, much of our focus would be towards the Currencies derivatives.

Constituting the foreign exchange market (currencies derivative market) are several instruments which includes:

(i) Currency spot (37%of daily transaction)

(ii) Currency forwards (57%of daily transaction)

(iii) Currencies option (6% of daily transaction)

Currency spot

A currency spot transaction is a direct exchange between two currencies (involves cash within a 48 hours life span and zero interest rate). This instrument is widely used by market participants for several purposes.

Example of a spot transaction is;

Say, you bought 0.1lot size of pair EURUSD with a $25 margin at 1.3956. It implies you have just bought 10,000 Euros with a leverage of 400:1(10,000 ÷ 25 = 400). If at the end of the day the EURUSD has risen to 1.4066. You sell those 10,000 EURUSD units at the new rate and get $110 back.

Currency forwards

Currency forwards are indirect exchange of currencies at a particular price regardless of the exchange rates at that time. Because they are indirect (deposit not required) the need for a contract arose. This kind of transactions deals with a high risk of default by counter parties. The two types of currency Forwards are Currency forward swaps and Currency futures.

Currency forwards swap

This is the most common type of currency forward. A swap transaction involves two parties that exchange currencies for a certain length of time and agree to reverse the transaction at a later date. They are not traded through an exchange, and require deposits to hold the position open until the transactions are over.



Currency futures

Generally it is a standardized forwards contract, which implies that it is being traded in an exchange, majorly in the Chicago mercantile exchange (CME) and Tokyo stock exchange (TSE).The average life span of currency futures is three months.

Currency option

These are a currency derivative that gives the right but not the obligation to buy or sell currencies to the counter party during a particular period. Mostly, it is being traded in an exchange. Only a small fraction is traded over- the- counter.

As earlier stated, there is no unified or centrally clearing house for the majority of trades in the entire foreign exchange market. Due to the Over- The- Counter nature of this market, there are numbers of interconnected market places where different currency instruments are traded. This made the market open to the possibility of different exchange rates depending on the class of market players in that network. A better market platform will be the one that serves lots of financial and institutional players in its network. Because the huge volume pool, by these participants will bring spreads to minimal levels. Several efforts have been made to create a centralized system for all trade transactions, but success is yet to be recorded. Nevertheless, examples of existing platforms include Bloomberg terminal and Reuters platforms amongst others. Due to the geographical dominance of the city of London in the global trade, exchange rates from London are religiously followed by market participant and used as a benchmark for global foreign exchange movements.

In conclusion, it would be hard to over state the effect of foreign exchange to the world economy. They affect output and employment through real exchange rates. They affect inflation through the cost of import and commodity prices. And affect international capital flows based on risk and returns of different assets. These made Currency exchange rates justifiably the focus of policy makers and the entire public. We suggest a deeper regulation of the Over- The- Counter markets for more depth in operational efficiency.
Investment / Re: Oil Marketers Holding Nation To Ransom,Says Okonjo-Iweala. by andrew12(m): 10:36pm On May 03, 2015
MissYana:
Its like they have started to do Fake Orijin.The thing no deh High like before again for my area

You Are becoming a Drunkard Gbam!
Romance / Re: What Is The Best Thing You Enjoy Doing Most With You Girlfriend Or Boyfriend? by andrew12(m): 3:19am On Apr 04, 2015
if you dont fight atleast 5 time in a month and have make up sex, what you guy do together when you are alone is another Hollywood dating or marriage, ......I have been married 5 years habitts I have below

DRINKING

FLIRTING

CURSING

I NOR KNOW ENGLISH FOR STANDUPGUY

the thing is if you are a man or woman you should adopt 2 out of each others behaviour... i mean the ones dat matters and you would not have to comment on this thread......Love is a beautiful thing unless you are asking Jeneviv Out .... click like if the comment is thrash atleast i did not comment on GMB / GEJ.... Even if i was a political minded sm1.
Politics / Re: Irregularities at Imo polling units,military arrest Information Commissioner by andrew12(m): 1:51pm On Mar 28, 2015
ALL NAH WASH WASH
Politics / Re: Community Chases INEC Officials In Niger by andrew12(m): 1:14pm On Mar 28, 2015
ALL THE PLACES THEY DID NOT TAKE PVC TO ARE MOSTLY BUHARI'S ZONE IN NIGER STATE WE ALL ARE BUHARI FANS THATS WHY ALL THAT HAPPEN I JES CALL IT ONE OF THOSE TECHNIQUES PDP ALWAYS PUT UP, NOW THEY WILL USE DOSE PEOPLES PVC TO VOTE IN THEIR ABSENT CASTING THE VOTES FOR PDP ...... WATCH AND SEE

CLICK LIKE IF YOU BELIEVE +++++++ CLICK SHARE IF YOU DONT
Politics / Re: Anxiety Over Cracks On N2.5bn Jonathan Commissioned Flyover In Kano by andrew12(m): 9:35pm On Mar 24, 2015
Sweetguy25:
Lies from Abokiis. Abokiis are senseless anyways



NEVER YOU IN YOUR LIFE COME TO NAIRALAND WITH YOUR CLUELESSNESS OF TRIBALISM I AM FROM THE NORTH AND WE AIN'T LIKE DAT
Business / Re: How My Roommate Stole 120,000 Naira From My ATM Card And How I Caught Him by andrew12(m): 9:22pm On Mar 24, 2015
Menh sometime you don't disgrace a friend thief, you just take them to the corner and warn themnot to do it again and they might be usefull to you in the near future maybe stealing an exam script or so not all common thiefs is a Bad thing this is Naija ............ maybe he had come from one of all this Ghetto I had many experience wid my child hood friend even though i was from a Good home.

24 Likes 2 Shares

Religion / Re: Woman Vomits Python Snake During Spiritual Deliverance In Church In Taraba by andrew12(m): 12:33am On Feb 03, 2015
ALL THAT IS MAGIC AND WASH WASH IT JUST A SIMPLE TRICK TO GET MORE MEMBER AND ATTENTION TO HIS CHURCH

3 Likes

Autos / Re: Honda 2007 sold already by andrew12(m): 7:16pm On Nov 05, 2013
The car has no questions what ao ever i will post all pocture here tommorrow sorry for the prople i have not responded to yet i am very busy this week but will bw free tommorrow
Autos / Honda 2007 sold already by andrew12(m): 5:59am On Nov 01, 2013
Honda has been sold
Car Talk / Re: The Longest Road Trip You've Driven? by andrew12(m): 9:23am On Aug 20, 2013
Lagos To Abuja
About 470 miles (750km)
Route. Lagos-Ibadan-Ekiti-Okene- Lokoja -Abuja
About 7:30mins
I have Used EOD / BENZ C/CLASS and Nissan Maximma 3.5

I am damn fast driver i sometimes do 210km/ hour and i dont feel like am even fast and this was 2010/2011/2012. I believe i can drive down instead of paying this inflated flight tickets top Gear is my favorite program i pray to drive for nascars one day but i guess am getting older now so I take my time on the road this days....

1 Like

Autos / KIA Sorento 04 Just Arrived Clean And Give Awy For 1.350 Million by andrew12(m): 5:22pm On May 10, 2013
Tokunbo fully Ac
CD player
Extra Tire
Fabric Seats
Nothing to fix no dents and come in perfect condition
Contact Kadiri 08169696120 pin 283f09E9
Send ur request I can send pictures on bbm wats app or email

Autos / KIA Sorento 04 Just Arrived Clean And Give Awy For 1.350 Million by andrew12(m): 2:28pm On May 09, 2013
Tokunbo fully Ac
CD player
Extra Tire
Fabric Seats
Nothing to fix no dents and come in perfect condition
Contact Kadiri 08169696120 pin 283f09E9

Adverts / Re: Teaming Up To Make Legitimate Money Online. Get Help Here Also for YouWIN! 3 by andrew12(m): 10:29am On Apr 19, 2013
am interested andrewoshone@yahoo.com
Literature / Re: NYSC: National Year Of Sex And Comfort <<<Adventure of the year: 2013 Awards >>> by andrew12(m): 6:10pm On Mar 15, 2013
Let me help our writer conclude the story.


On our way to my place, she suddenly stopped and made a face, i was worried if she'd changed her mind cos I was really looking to get lucky that night,
thinking how i have spent part of my last card, then I asked in curiosity ''whats the matter'' she said nothing with a little hesitation and said are you not going to get something from the pharmacy, I was a little bit lost for a second...... den my 6ix quickly booted the words in silence Condoms... and I answered to her yes i think I got myself some ruff riders even If I always liked the thing ''direct Entry'' as we entered the room My heart was already pounding with great anxiety i wanted to perform well cos i hated early ejaculation makes the lady ask this stupid questions like are you done? is that all ? are you alright ? like you have just built a ten story building on water with no foundation, so as we got into the room i locked the Door behind me held her from behind and started kissing her in the neck she had a great perfume on and i loved the smell of violets as i pulled her dresses up i noticed she was wearing a G-string holding those sets of great ass I pulled em down gentle moved her to the Bed even forgot to pull out the condoms ........... i took her from behind she was moaning it was one of the best set of ass and that boosted my morals to do more i did the first round for over 35 mins and i had not gotten enough she screamed held on strong to me as i did my thing it was a heated sex
Autos / Re: Cleanest Honda Accord 2003 EX Black And Silver Ever!!! Price Reduced by andrew12(m): 1:21pm On Oct 28, 2012
you must be a Joker to wanna sell for that price
Nairaland / General / I Got An Airtime Worth 5thousand Naira From Another Number Mistakenly Should I S by andrew12(m): 5:18pm On Apr 10, 2012
JUST SEEKING ADVICE TO SEE WHAT I CAN DO AS I MISTAKENLY GOT AN AIRTIME WORTH 5K WORTH MTN.IS IT WISE FOR ME TO TRANSFER THE AIRTIME BACK OR USE IT MAJORITY OF MY FWENDS ON BBM WANTS ME TO SHARE IT FOR THEM IF I DONT WANT WHAT DO YOU PEOPLE SUGGEST.... I HAVE 3 HOURS ULTIMATUM TO MAKE UP MY MIND.
Autos / Re: Cheap And Affordable Cars Directly From America And Canada by andrew12(m): 7:41am On Nov 05, 2011
please quote ACCORD 2004 OR 2005 PLEASE LEATHER SEAT
Autos / Re: Jst A Year Old 2004 Honda Accord (eod) For 1.35m (very Clean) by andrew12(m): 7:30am On Nov 05, 2011
email me pix andrewoshone@yahoo.com
Autos / Re: Registered 2004 Nissan Maxima 3.5se by andrew12(m): 6:56am On Nov 05, 2011
post pix to andrewoshone@yahoo.com
Autos / Re: 2005 Honda Accord (eod) @ N1.2m @ Banix Autos 07044024051,08035376690 by andrew12(m): 12:25am On Nov 05, 2011
i will pay 1 m urgent serious buyer
Autos / Re: 2001 Toyota Solara For Sale (tokunbo) NOW N1M by andrew12(m): 12:18am On Nov 05, 2011
i sent an email hope i get a response
Autos / Re: Buy Cars From The Us by andrew12(m): 10:49am On Oct 20, 2011
2004 Accord Leather seat Black for how much please email andrewoshone@yahoo.com
Autos / Re: Honda Accord 2002 Ex Leather 120k Miles by andrew12(m): 2:19am On Sep 30, 2011
you will never sell this on here no be curse nah reality, Nairalander go rather go Uder bridge instead
Autos / Re: Reg 04 Honda Accord Eod (leather Seat) Price N1.3m @ Banix Autos 08035376690 by andrew12(m): 2:00am On Sep 30, 2011
can offer 1.1 million cash ready to fly the baby very urgent and over serious buyer money for hand back for Ground lets dance.
Autos / Re: -- 2006/2007 Honda Accord -- Registered -- 1.350m Only -- by andrew12(m): 1:51am On Sep 30, 2011
please let me know what i will get for the 06 model accord please email me on andrewoshone@yahoo.com pin 23336f50 i will be waiting for pictures

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