Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Cambist

What it is:

A cambist is an expert in foreign exchange.

How it works (Example):

In the old days, a cambist relied on interpreting books of information about exchange rates between various currencies. The term comes from the Latin root word for "to change."
 

Why it Matters:

Thanks to the advent of technology and instantaneous, widespread availability of exchange rates, a cambist is now just a term to describe currency trades or other foreign exchange professionals.