What is a Cambist?
A cambist is an expert in foreign exchange.
How Does a Cambist Work?
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 Does a Cambist Matter?
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.