What Is a Holding Company and How Does It Work?
A holding company is primarily a legal and financial structure that owns controlling interests in other companies, while a conglomerate typically implies operational involvement across diverse business lines. Many holding companies are conglomerates, but not all conglomerates organize themselves as pure holding companies. A holding company is a parent company […]
New York Mercantile Exchange NYMEX Explained
Silver futures contracts on the NYMEX offer investors a way to gain exposure to the price of silver, another precious metal with diverse industrial and investment uses. Silver prices are influenced by factors such as industrial demand, investor sentiment, and macroeconomic trends. As the global economy evolved and new industries […]