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Username: PrettyWoman

Rating:
Guru Stars

Asked to: Jun Wang

Date Created: 16 Aug 2019
Category 28
Tag Financial
Question What is a Cambist?
Advice from Guru
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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