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Proprietary trading - Proprietary trading is a term used in investment banking to describe when a bank trades stocks, bonds, options, commodities, or other items with its own money as opposed to its customers' money, so as to make a profit for itself. Although investment banks are usually defined as businesses which assist other business in raising money in the capital markets (by selling stocks or bonds), in fact most of the largest investment banks make the majority of their profit from trading activities.

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European Committee for Home and Online Education (ECHOE) - ECHOE - European Committee for Home and Online Education is quoted by some online universities as being a body that examines or accredits their degrees. For example www.

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