Username: PrettyWoman Rating: Asked to: Jun Wang Date Created: 16 Aug 2019 |
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Category | 28 |
Tag | Financial |
Question | What is a Cambist? |
Hello PrettyWoman, A cambist is any individual considered to be an expert in foreign exchange rates. The term also refers to a currency exchange manual which lists exchange values. The Cambist manual also listed various weights and measures and had a conversion table for calculations. From Latin, the word "cambiere" which means to exchange. With the advent of electronics and fast-paced trading, manuals and books detailing exchange rates fell out of favor. Today, the term is mostly a throwback to describe professional currency traders. |
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