What Is Pyramiding?

Pyramiding is an investing technique that entails buying additional shares of a stock or security as it appreciates in value. The goal of pyramiding is to maximize gains by increasing one’s position in a security as its price rises. Pyramiding can be a risky strategy, as it depends on the continued appreciation of a security’s … Read more

Large Value Transfer System (LVTS).

The Large Value Transfer System (LVTS) is a Canadian electronic payments system used to process large value interbank transfers. The system is owned and operated by the Canadian Payments Association (CPA), and is used by banks and other financial institutions to send and receive high-value payments. The LVTS was introduced in 1999, and was designed … Read more