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Forex terminology and economy
Appreciation - Rating - strengthening the currency in response to the market situation and not make an official.
Big Figure - the last number of decimal places in the buying and selling prices of certain. - Usually refers to the first 2 digits of the exchange rate from the right had been treated traders such as the Convention when determining the price. For example, determine the price of "30/40" on the dollar index may give an indication of the price 1.5530/1.5540. Number "big" in this example is 1.55 and understood by both parties (because it usually does not change only rarely during a single trading day). So they do not give a price but for the last two for the price of demand / supply.
Yard - Yard - name and title of the number of billionths
Arbitrage - arbitrage - a kind of risk-free trading where they are buying and selling the same instrument at the same time in two different markets in order to get profits from the price difference in these markets.
Around - about - is used to give a price for (long-term) "premium / discount."
Ask Rate - the price offered - the price offered for sale by price (Buy / Sell)
Asset Allocation - out - in foreign exchange operations, is the right to receive an amount of currency from the counterparty, whether regarding the origin of the budget (such as a loan) or on a specific date regarding futures contract for the contract covered for unparalleled or cash transactions.
Back Office - back office - section المسوؤل company for financial transactions between the investor and the company and account opening processes.
Balance of Trade - trade balance - the value of exports minus imports. Are usually excluded unforeseen things, otherwise referred to as as a business transaction or the actual trade. Prices can be given when the fob (FOB) / delivery side of the ship (FAS) or after customs clearance or export fob.
Base Currency - the base currency - the currency in which the activity results for operating in the bank or institution. Also called the currency used.
Bear Market - deteriorating market - market with low prices strongly against a background of widespread pessimism (opposite the market).
Bid / Ask Spread - the difference in value of buying and selling - the difference between the sale price and the purchase of the company, the difference is usually fixed.
Bid Rate - bid price - the price parents trader will buy the currency pair.
Booked - recorded - recording deal out of the country, where trading in the same deal.
Bretton Woods - Bretton Woods - the conference site, which led in 1944 to the founding of the foreign exchange system. Deliberation resulted in the International Monetary Fund (IMF) configuration (IMF). Proven system of currencies in a fixed foreign exchange rate fluctuation of 1% of the currency for gold or the dollar.
Broker - Agent - following orders to buy and sell currencies and related instruments either for a commission or percentage. Brokers are agents working for a commission and they are not the owners of the original account or agents working on their own. In the foreign exchange market, brokers tend to act as intermediaries between banks collecting between the seller and the buyer for a commission paid by the applicant or by both parties. There are four or five major global brokers operating through associated companies and partners in many countries.
Bull Market - Market prices bound to rise - a market prices bound to rise.
Bundesbank - Bands Bank - Central Bank of Germany - Bank of the German Central.
Cable - cable - a term used in the foreign exchange market for the U.S. dollar / pound sterling.
Cash - cash - usually refers to the process of cash had been contracted to the date of the settlement agreement. This term is used mainly in the North American markets and countries that rely on foreign exchange services in these markets because of the time range preferences such as Latin America. In Europe and Asia, cash transactions are usually referred to as a benefit contracts the same day.
Central Bank - the central bank - the central bank provides financial and banking services to the Government of the country and the commercial banks. It applies as well as the government's monetary policy, in addition to changing interest rates. Reserve Bank of India is India's central bank, which plays a role in maintaining the situation of the Organization in the foreign exchange market intervention through multiple tools such as cash reserve ratio and discount rate and open market operations and ethics (moral induction).
Chartist - technical analysts - a person who studies graphs and charts of historical data up to see the trend is expected rebound trend. This includes fine examples of certain features of the map to draw resistance levels and Rasi model and model-shouldered and double bottom or top that may indicate a trend reversal.
Choice Market - voluntary market - the financial market that does not exist is a difference between the purchase price and sales.
Clearing - cover - the process of balance and coverage on the open positions by the company.
Commission - the commission - fees which may Tansabh clients for trading on their behalf.
Confirmation - Confirm - a note to the other party describing the details of the deal
Contract - a contract - an agreement to buy or sell a specific amount of a particular currency or option for a particular month in the future (see futures contract).
Counterparty - counterparty - the customer or the bank through which the foreign exchange deal
tools for foreign exchange currency exchange which, in fact, guaranteed by settlement institution certifying that has been trading, was not guaranteed from the settlement institution. So, when buying foreign exchange client tool for OTC deal depends on the other party, who bought him the tool to complete the contract. Other party fails to complete a center may result in the loss of any pay former building centers, as well as the loss resulting from the expected gain from the deal.
Country Risk - limit the risk of a country - factors affecting trade in currency uniquely for a specific state. This includes the risk of political, regulatory and legal holidays.
Cross Rate - the exchange rate is derived - the exchange rate between two currencies, usually arises from the exchange rates of one of the two currencies, including most of the included currencies against the dollar.
Currency - currency - the type of cash used by the country. Can be traded for other currencies in the exchange market, for every currency value against other currencies.
Currency Basket - a basket of currencies - a variety of weights to other currencies combined together with respect to a basket of currencies (such as the ECU or SDR). Sometimes used by currencies to install usually priced in a basket trade weights. A selection of average weights of currencies used as a measure of the value or amount of an obligation. Basket of currencies commonly used in contracts as a way to avoid (or reduce) the risk of currency fluctuation.
Day Trading - Day Trading - Day Trading deal is a currency exchange deal is renewed automatically every night at 22:00 (GMT) starts from the day of application until the end of the deal. The deal ends case of any of the following: 1. You request termination yourself 2. The price of daily trading to avoid loss rate set in advance .3. Expiry date of the transaction. As long as the deal is open, renewal fee is calculated every night at 22:00 (GMT).
Dealer - Dealer / Broker - an individual or a company working / working on behalf of heritage, and not as an agent, in the purchase and / or sale of securities. The self-employed traders to trade and bearing risk than brokers who trade on behalf of their clients only.
Deficit - deficit - a lack of balance of trade, balance of payments, or government budgets
Delivery - delivery - Settlement transaction receipt or ask a financial instrument or a currency for sale
Derivative - derivatives - a general term for own risk management tools such as futures, options, swaps and so on. The contract value is moving on the underlying instrument or currency. In light of the extensive losses by banks or companies, has been the subject of derivatives and control material for discussion.
Desk - Office of trading - a term that refers to a deal for a particular currency or currencies.
Devaluation - devaluation - amendment designed to reduce the currency against its edges or specific lines of currency fluctuation which usually Socializing with a formal declaration.
EMU - n - European Monetary Union - and ECU
Economic Indicator - economic indicator - Statistics reflecting the current economic growth rate, past or future trends such as retail sales and employment.
European Union - European Union - a group known in the past to the European Community.
Expiry Date - expiration date - the last day option holder can use his right to buy or sell the basic bond.
Exposure - exposure - the total amount of money that was lent to the borrower or country. Put the rules in order to prevent banks exposure, too much, to a single client. In trading operations, is the probability of gain or loss as a result of fluctuations in market prices.
Fed - the Federal Reserve banks - the Federal Reserve banks of the United States of America. Federal Deposit Insurance Corporation - (FDIC). Authority federal deposit insurance company (ASHA PLO). Membership is mandatory for members of the Federal Reserve system. The company has been involved heavily in deposits and loans crisis in the late eighties.
Federal Reserve System - federal reserve system - system of the Central Bank of the United States includes 12 banks up federally controlled in 12 districts follow the Federal Reserve Board. Membership in the system the Federal Reserve banks are required to licensed banks by the Comptroller of the Currency and optional for banks and government licensing.
Flat / Square - without the benefits / balanced - where a client not traded in that currency or when reverse the previous process thereby creating a neutral center (without interest). Example: I bought a $ 500,000, then sold = $ 500,000 without benefits.
Foreign Exchange - foreign exchange - buying or selling currency against the sale or purchase of another currency.
Forward Points - futures points - the difference in interest rates between the two currencies when they look at the exchange rate points. Points futures added to or subtracted from the cash price to give the forward rate or segmental price, with dependence on whether the currency in forward phase addition or deduction.
Forward Rate - rate futures - the price at which the foreign exchange contract today for settlement at a specified future date to be determined when entering this contract. Decision-making by adding or subtracting points by the difference between the deposit rates for the currencies concerned in the transaction. The base currency with a higher interest rate is discounted for the proposed currency at a lower interest rate in the forward market. So, futures points subtracted from the current cash price. Similarly, the base currency with a lower interest rate is at a premium, and add points the current futures price for cash on the futures price.
Fundamental Analysis - Fundamental analysis - analysis which is based on economic and political factors.
Futures Contract - futures contract - which are handled contract for the exchange to require delivery of a specific quantity and quality of specific commodity, currency or financial instrument in the month deadline, if not flowing before the maturity of the contract.
GTC "Good Till Cancelled" - "it even exists cancelation" c h a - it is based with the broker for the sale or purchase even cancellation at a fixed price. It continues in place until the customer cancels.
Hedge - cover - buy or sell options or futures contracts as a temporary replacement for the deal will be at a later date. Usually requires opposing centers in the cash market or futures or options market.
Inflation - inflation - an increasing rise in the general price level on the decline in purchasing power. Sometimes referred to as excessive movement in such price levels
Initial Margin - initial margin - deposit required from the broker represents the type of insurance in the event of default by the other party for payment before the client can trade / implementation of the deal.
Interbank Rates - prices between banks - the major international banks to quote foreign currencies of major international banks. Usually, the public can not and businessmen to get these prices.
LIBOR (London Inter Bank Offer Rate) - LIBOR (the interest rate prevailing between banks in London) - The average price among private banks the British Bankers' Association submitted for dollar deposits in the London market, according to the presentations of the top 16 bank. The real price of contracts entered into two days from the date of its appearance.
Leading Indicators - key indicators - statistics precede changes in economic growth rates and the business as a whole, such as factory orders.
Limit Order - is specific - Day Trading deal - is to implement Day Trading deal at a pre-determined by the client, in the case of the emergence of this price in the market in real time. Price higher than the price reduction based on the time of the reservation. Ordered reservation lasts for a period to be determined client, and associated guarantees necessary to facilitate the expected date of commercial deal
Liquidation - liquefaction - any deal to compensate for or end center was opened before.
Liquidity - liquidity - the ability of a market to accept huge deals without any significant impact on interest rates
Long - Long positions - center on the Stock Exchange in which the customer has bought currency not owned before. For example: buy dollars means taking the customer center to buy dollars.
Make a Market - creating a market - said to be the broker "create a market" when he presents prices, supply and demand to be willing to buy and sell.
Margin - margin - the difference between buying and selling prices, as well as used to show the discount or premium between the cash price and futures. Quick, the amount to be as collateral from the writer of the option. Futures options, and a deposit has room - clearing account when configured futures position. Reserve ratio required by the Federal Reserve of the United States to implement an initial credit transaction.
Margin Call - Request cover - a request for additional funds to cover short positions.
Marginal Risk - risk cover margin liquidation futures contract - the risk that the client bankrupt after entering the futures contract. In such a situation, you must source close compliance and risk management, which require payment of a fringe movement on the contract.
Marked-To-Market - Index settlement of profits and losses daily - record profits and / or losses at the end of the session a day, according to closing prices per share and visa is placed on the account "index to settle the profit and loss every day." If there is a regressive movement in prices, from the party will be asked to improve the losses, and party can record profits in the case
Maturity - Merit - transaction settlement date that was specified when entering the contract
Off-Shore - out of bounds - the operations of the financial institution, which, although they exist in a country, have a simple connection to the financial system of this country. In some countries, does not allow a bank to do exercise that activity in the local market but it can be done with other foreign banks only. So it knows banking unit out of bounds.
Offer - Offer - the price at which the broker has unwilling to sell the base currency.
Official Settlements Account - an official settlement account - a measure of the balance of payments in the United States depends on the movement of dollars in foreign official holdings and reserves of the United States. Referred to him as well as deals backup account.
One Cancels Other Order - OCO automatically something else - OCO automatically something else earlier when implemented and is also referred to as a cancels other or "one cancels the other."
Open Position - Mrkzalsafqh open - any deal had not been resolved to pay actual or ensure a deal equal to or counterproductive for the same day maturity. Can be termed as a suggestion high-risk, high-yield.
Over The Counter (OTC) - OTC - led directly between market traders and authentic by telephone and computer network rather than a specific trading ground for exchange. These markets are not high boom because of the risks faced by both parties in the event of failure of the other party of the implementation of the contract. Have never been part of the stock market because it seemed "unofficially".
Overnight Limit - limit between overnight - net long position or a short in one or more currency broker can be postponed for the next trading day. Transfer the record to another bank clearinghouse in the timing of the next business day, reduces the need for brokers to keep this exposure unattended.
PPI - price indices product - Producer Price Indices - price indices product. See indicators wholesale prices.
Pip - one point - see point. (0.0001 unit).
Political Risk - political risk - the possibility of loss resulting from a change in government policy or because of the risk of expropriation (nationalization by the government).
Position - center - total net exposure in the currency in question. The center can be balanced without interest or (without exposure) long (the largest amount of currency bought and sold, or short (the largest amount of currency that were sold for the purchase).
Premium - well - the amount of the increase in the futures price for the cash price. The amount of the increase in the market price of the bond nominal value. Of options, the amount that must be paid by the buyer to the seller for the option contract. Margin paid above the normal price.
Quote - give a price - the price of a pilot. Price given for graphic purposes only and is not to contract.
Rate - the price - the price of a currency compared to other. Has the same meaning as the term equivalent
Resistance - resistance - the upper price level expected when accessing his implementation of the sale, because it is not expected the price to go up with him.
Revaluation - revaluation - an increase in the exchange rate of a currency as a result of the disposal of official
Risk management - risk management - the definition of acceptance or measured against the risks that threaten the gains or entity organization. For foreign exchange risk management requires consideration market and sovereignty of the state and the country, conversion and connectivity, credit and risk of the other party and other items
Risks - risks - there are risks associated with any market. Difference in yield and the possibility of not walking the effective yield with the expected return. Risks associated with trade in foreign currencies are: market and exchange rate, interest rate and yield curve, volatility and liquidity and distress sales and counterparty credit risk and country risk.
Rollover - Ttpet deals - when the settlement deal leaves the due date of the last depending on the difference in interest rates between the two currencies, for example, the following day.
Settlement - settlement - the actual exchange of one currency for another.
Short - Short - center in a market where he sells the client does not already own currency. Usually shows basic currency.
Spot Price / Rate - price / cash price - the price at which the currency is currently traded in the spot market
Spread - the difference between the price of supply and demand - the difference between the price of the supply and demand for a currency. The difference between the two price limits associated with the other. For options, transactions that require two or more options for the currency in question.
Sterling - Sterling - £, last known cable.
Stop Loss Order - is a sale to avoid loss - is to end the center upon the arrival of the market price for this center to a predetermined level. It confirms that, in the case of weak currency by certain, will cover a short position until he requires afford to lose. Achieve profitable orders less prevalent
Support Levels - support levels - the lowest level for the price can not be the tool to go down with him, and therefore, it is expected the implementation of the procurement process.
Swap - Swap (replaced with another currency) - buying and selling the same amount of currency together in two different dates, against the sale and purchase of another currency. Barter can be a trade-off against the futures contract. In essence, bartering is somewhat similar to borrowing one currency and lending another currency for the same period. However, any rate of return or cost of funds appear in the
Technical Analysis - Technical Analysis - a price that reflects its study supply and demand factors of a currency. Canonical means are the signs and flags showing prominent trend lines, the lowest price and the highest and media models and gaps.
Technical Correction - technical correction - changes in price does not depend on the top of the market, but rather on technical factors such as the quantity and graphs.
Thin Market - a limited market - a market with low trading volume and thus the difference between supply and demand and broad liquidity instrument traded in a low position.
Tomorrow Next (Tom next) - buying and selling at the same time for delivery the next day, whether for sale or purchase (Tomorrow Next) - buy and sell currency at the same time for delivery the next day, whether for sale or purchase
Transaction - trading deal - to buy or sell securities resulting from the implementation of something.
Transaction Date - the date of the transaction - the date of the trade.
Under-Valuation - assessment originally undervalued - is the exchange rate less than its value when usually worth less than its fair purchasing.
Uptick - a simple move - the new price immediate future seconds ..
Value Date - maturity - to foreign exchange contracts, on the exchange of currency exchange parties concerned that have been bought or sold. For an immediate deal, a two-day work-limits in the country of the bank that made the offer which determines the due date for immediate sale. The only exception in this general rule is the day immediately at the center of determining the price falls on a bank holiday in the country (the country) currency (currency) foreign. In this case the maturity date is postponed for an additional day. Inquirer is the body that must make sure that today the immediate consistent with applicable today with the Party responsive. Must be located futures months due date on the same day in the calendar month course. If signed per month on a bank holiday in one of the centers, P! Of the operating day is the first working day following in the two centers. Modify the maturity date for a particular month does not affect the other maturities continue maturity date replicate the original if they deserved in the working day. If immediate deserved the last date on the last business day in the month, the dates will be in line with the futures this date in dues, the last working day. Is referred to as a day of Merit
Variation Margin - margin of difference (variation) - the money required to be deposited by the client when prices move up and down the money for less than the required percentage.
Volatility - volatility - a measure of the amount which is expected to price the original arrival him that oscillates at a specific period. Usually measured the standard deviation of annual changes in the daily price (historical). Can hint to him than futures prices, implied volatility.
World Bank - World Bank - Bank component of the members of the International Monetary Fund whose aim is to help develop the Member States to provide loans when no private capital available
Appreciation - Rating - strengthening the currency in response to the market situation and not make an official.
Big Figure - the last number of decimal places in the buying and selling prices of certain. - Usually refers to the first 2 digits of the exchange rate from the right had been treated traders such as the Convention when determining the price. For example, determine the price of "30/40" on the dollar index may give an indication of the price 1.5530/1.5540. Number "big" in this example is 1.55 and understood by both parties (because it usually does not change only rarely during a single trading day). So they do not give a price but for the last two for the price of demand / supply.
Yard - Yard - name and title of the number of billionths
Arbitrage - arbitrage - a kind of risk-free trading where they are buying and selling the same instrument at the same time in two different markets in order to get profits from the price difference in these markets.
Around - about - is used to give a price for (long-term) "premium / discount."
Ask Rate - the price offered - the price offered for sale by price (Buy / Sell)
Asset Allocation - out - in foreign exchange operations, is the right to receive an amount of currency from the counterparty, whether regarding the origin of the budget (such as a loan) or on a specific date regarding futures contract for the contract covered for unparalleled or cash transactions.
Back Office - back office - section المسوؤل company for financial transactions between the investor and the company and account opening processes.
Balance of Trade - trade balance - the value of exports minus imports. Are usually excluded unforeseen things, otherwise referred to as as a business transaction or the actual trade. Prices can be given when the fob (FOB) / delivery side of the ship (FAS) or after customs clearance or export fob.
Base Currency - the base currency - the currency in which the activity results for operating in the bank or institution. Also called the currency used.
Bear Market - deteriorating market - market with low prices strongly against a background of widespread pessimism (opposite the market).
Bid / Ask Spread - the difference in value of buying and selling - the difference between the sale price and the purchase of the company, the difference is usually fixed.
Bid Rate - bid price - the price parents trader will buy the currency pair.
Booked - recorded - recording deal out of the country, where trading in the same deal.
Bretton Woods - Bretton Woods - the conference site, which led in 1944 to the founding of the foreign exchange system. Deliberation resulted in the International Monetary Fund (IMF) configuration (IMF). Proven system of currencies in a fixed foreign exchange rate fluctuation of 1% of the currency for gold or the dollar.
Broker - Agent - following orders to buy and sell currencies and related instruments either for a commission or percentage. Brokers are agents working for a commission and they are not the owners of the original account or agents working on their own. In the foreign exchange market, brokers tend to act as intermediaries between banks collecting between the seller and the buyer for a commission paid by the applicant or by both parties. There are four or five major global brokers operating through associated companies and partners in many countries.
Bull Market - Market prices bound to rise - a market prices bound to rise.
Bundesbank - Bands Bank - Central Bank of Germany - Bank of the German Central.
Cable - cable - a term used in the foreign exchange market for the U.S. dollar / pound sterling.
Cash - cash - usually refers to the process of cash had been contracted to the date of the settlement agreement. This term is used mainly in the North American markets and countries that rely on foreign exchange services in these markets because of the time range preferences such as Latin America. In Europe and Asia, cash transactions are usually referred to as a benefit contracts the same day.
Central Bank - the central bank - the central bank provides financial and banking services to the Government of the country and the commercial banks. It applies as well as the government's monetary policy, in addition to changing interest rates. Reserve Bank of India is India's central bank, which plays a role in maintaining the situation of the Organization in the foreign exchange market intervention through multiple tools such as cash reserve ratio and discount rate and open market operations and ethics (moral induction).
Chartist - technical analysts - a person who studies graphs and charts of historical data up to see the trend is expected rebound trend. This includes fine examples of certain features of the map to draw resistance levels and Rasi model and model-shouldered and double bottom or top that may indicate a trend reversal.
Choice Market - voluntary market - the financial market that does not exist is a difference between the purchase price and sales.
Clearing - cover - the process of balance and coverage on the open positions by the company.
Commission - the commission - fees which may Tansabh clients for trading on their behalf.
Confirmation - Confirm - a note to the other party describing the details of the deal
Contract - a contract - an agreement to buy or sell a specific amount of a particular currency or option for a particular month in the future (see futures contract).
Counterparty - counterparty - the customer or the bank through which the foreign exchange deal
tools for foreign exchange currency exchange which, in fact, guaranteed by settlement institution certifying that has been trading, was not guaranteed from the settlement institution. So, when buying foreign exchange client tool for OTC deal depends on the other party, who bought him the tool to complete the contract. Other party fails to complete a center may result in the loss of any pay former building centers, as well as the loss resulting from the expected gain from the deal.
Country Risk - limit the risk of a country - factors affecting trade in currency uniquely for a specific state. This includes the risk of political, regulatory and legal holidays.
Cross Rate - the exchange rate is derived - the exchange rate between two currencies, usually arises from the exchange rates of one of the two currencies, including most of the included currencies against the dollar.
Currency - currency - the type of cash used by the country. Can be traded for other currencies in the exchange market, for every currency value against other currencies.
Currency Basket - a basket of currencies - a variety of weights to other currencies combined together with respect to a basket of currencies (such as the ECU or SDR). Sometimes used by currencies to install usually priced in a basket trade weights. A selection of average weights of currencies used as a measure of the value or amount of an obligation. Basket of currencies commonly used in contracts as a way to avoid (or reduce) the risk of currency fluctuation.
Day Trading - Day Trading - Day Trading deal is a currency exchange deal is renewed automatically every night at 22:00 (GMT) starts from the day of application until the end of the deal. The deal ends case of any of the following: 1. You request termination yourself 2. The price of daily trading to avoid loss rate set in advance .3. Expiry date of the transaction. As long as the deal is open, renewal fee is calculated every night at 22:00 (GMT).
Dealer - Dealer / Broker - an individual or a company working / working on behalf of heritage, and not as an agent, in the purchase and / or sale of securities. The self-employed traders to trade and bearing risk than brokers who trade on behalf of their clients only.
Deficit - deficit - a lack of balance of trade, balance of payments, or government budgets
Delivery - delivery - Settlement transaction receipt or ask a financial instrument or a currency for sale
Derivative - derivatives - a general term for own risk management tools such as futures, options, swaps and so on. The contract value is moving on the underlying instrument or currency. In light of the extensive losses by banks or companies, has been the subject of derivatives and control material for discussion.
Desk - Office of trading - a term that refers to a deal for a particular currency or currencies.
Devaluation - devaluation - amendment designed to reduce the currency against its edges or specific lines of currency fluctuation which usually Socializing with a formal declaration.
EMU - n - European Monetary Union - and ECU
Economic Indicator - economic indicator - Statistics reflecting the current economic growth rate, past or future trends such as retail sales and employment.
European Union - European Union - a group known in the past to the European Community.
Expiry Date - expiration date - the last day option holder can use his right to buy or sell the basic bond.
Exposure - exposure - the total amount of money that was lent to the borrower or country. Put the rules in order to prevent banks exposure, too much, to a single client. In trading operations, is the probability of gain or loss as a result of fluctuations in market prices.
Fed - the Federal Reserve banks - the Federal Reserve banks of the United States of America. Federal Deposit Insurance Corporation - (FDIC). Authority federal deposit insurance company (ASHA PLO). Membership is mandatory for members of the Federal Reserve system. The company has been involved heavily in deposits and loans crisis in the late eighties.
Federal Reserve System - federal reserve system - system of the Central Bank of the United States includes 12 banks up federally controlled in 12 districts follow the Federal Reserve Board. Membership in the system the Federal Reserve banks are required to licensed banks by the Comptroller of the Currency and optional for banks and government licensing.
Flat / Square - without the benefits / balanced - where a client not traded in that currency or when reverse the previous process thereby creating a neutral center (without interest). Example: I bought a $ 500,000, then sold = $ 500,000 without benefits.
Foreign Exchange - foreign exchange - buying or selling currency against the sale or purchase of another currency.
Forward Points - futures points - the difference in interest rates between the two currencies when they look at the exchange rate points. Points futures added to or subtracted from the cash price to give the forward rate or segmental price, with dependence on whether the currency in forward phase addition or deduction.
Forward Rate - rate futures - the price at which the foreign exchange contract today for settlement at a specified future date to be determined when entering this contract. Decision-making by adding or subtracting points by the difference between the deposit rates for the currencies concerned in the transaction. The base currency with a higher interest rate is discounted for the proposed currency at a lower interest rate in the forward market. So, futures points subtracted from the current cash price. Similarly, the base currency with a lower interest rate is at a premium, and add points the current futures price for cash on the futures price.
Fundamental Analysis - Fundamental analysis - analysis which is based on economic and political factors.
Futures Contract - futures contract - which are handled contract for the exchange to require delivery of a specific quantity and quality of specific commodity, currency or financial instrument in the month deadline, if not flowing before the maturity of the contract.
GTC "Good Till Cancelled" - "it even exists cancelation" c h a - it is based with the broker for the sale or purchase even cancellation at a fixed price. It continues in place until the customer cancels.
Hedge - cover - buy or sell options or futures contracts as a temporary replacement for the deal will be at a later date. Usually requires opposing centers in the cash market or futures or options market.
Inflation - inflation - an increasing rise in the general price level on the decline in purchasing power. Sometimes referred to as excessive movement in such price levels
Initial Margin - initial margin - deposit required from the broker represents the type of insurance in the event of default by the other party for payment before the client can trade / implementation of the deal.
Interbank Rates - prices between banks - the major international banks to quote foreign currencies of major international banks. Usually, the public can not and businessmen to get these prices.
LIBOR (London Inter Bank Offer Rate) - LIBOR (the interest rate prevailing between banks in London) - The average price among private banks the British Bankers' Association submitted for dollar deposits in the London market, according to the presentations of the top 16 bank. The real price of contracts entered into two days from the date of its appearance.
Leading Indicators - key indicators - statistics precede changes in economic growth rates and the business as a whole, such as factory orders.
Limit Order - is specific - Day Trading deal - is to implement Day Trading deal at a pre-determined by the client, in the case of the emergence of this price in the market in real time. Price higher than the price reduction based on the time of the reservation. Ordered reservation lasts for a period to be determined client, and associated guarantees necessary to facilitate the expected date of commercial deal
Liquidation - liquefaction - any deal to compensate for or end center was opened before.
Liquidity - liquidity - the ability of a market to accept huge deals without any significant impact on interest rates
Long - Long positions - center on the Stock Exchange in which the customer has bought currency not owned before. For example: buy dollars means taking the customer center to buy dollars.
Make a Market - creating a market - said to be the broker "create a market" when he presents prices, supply and demand to be willing to buy and sell.
Margin - margin - the difference between buying and selling prices, as well as used to show the discount or premium between the cash price and futures. Quick, the amount to be as collateral from the writer of the option. Futures options, and a deposit has room - clearing account when configured futures position. Reserve ratio required by the Federal Reserve of the United States to implement an initial credit transaction.
Margin Call - Request cover - a request for additional funds to cover short positions.
Marginal Risk - risk cover margin liquidation futures contract - the risk that the client bankrupt after entering the futures contract. In such a situation, you must source close compliance and risk management, which require payment of a fringe movement on the contract.
Marked-To-Market - Index settlement of profits and losses daily - record profits and / or losses at the end of the session a day, according to closing prices per share and visa is placed on the account "index to settle the profit and loss every day." If there is a regressive movement in prices, from the party will be asked to improve the losses, and party can record profits in the case
Maturity - Merit - transaction settlement date that was specified when entering the contract
Off-Shore - out of bounds - the operations of the financial institution, which, although they exist in a country, have a simple connection to the financial system of this country. In some countries, does not allow a bank to do exercise that activity in the local market but it can be done with other foreign banks only. So it knows banking unit out of bounds.
Offer - Offer - the price at which the broker has unwilling to sell the base currency.
Official Settlements Account - an official settlement account - a measure of the balance of payments in the United States depends on the movement of dollars in foreign official holdings and reserves of the United States. Referred to him as well as deals backup account.
One Cancels Other Order - OCO automatically something else - OCO automatically something else earlier when implemented and is also referred to as a cancels other or "one cancels the other."
Open Position - Mrkzalsafqh open - any deal had not been resolved to pay actual or ensure a deal equal to or counterproductive for the same day maturity. Can be termed as a suggestion high-risk, high-yield.
Over The Counter (OTC) - OTC - led directly between market traders and authentic by telephone and computer network rather than a specific trading ground for exchange. These markets are not high boom because of the risks faced by both parties in the event of failure of the other party of the implementation of the contract. Have never been part of the stock market because it seemed "unofficially".
Overnight Limit - limit between overnight - net long position or a short in one or more currency broker can be postponed for the next trading day. Transfer the record to another bank clearinghouse in the timing of the next business day, reduces the need for brokers to keep this exposure unattended.
PPI - price indices product - Producer Price Indices - price indices product. See indicators wholesale prices.
Pip - one point - see point. (0.0001 unit).
Political Risk - political risk - the possibility of loss resulting from a change in government policy or because of the risk of expropriation (nationalization by the government).
Position - center - total net exposure in the currency in question. The center can be balanced without interest or (without exposure) long (the largest amount of currency bought and sold, or short (the largest amount of currency that were sold for the purchase).
Premium - well - the amount of the increase in the futures price for the cash price. The amount of the increase in the market price of the bond nominal value. Of options, the amount that must be paid by the buyer to the seller for the option contract. Margin paid above the normal price.
Quote - give a price - the price of a pilot. Price given for graphic purposes only and is not to contract.
Rate - the price - the price of a currency compared to other. Has the same meaning as the term equivalent
Resistance - resistance - the upper price level expected when accessing his implementation of the sale, because it is not expected the price to go up with him.
Revaluation - revaluation - an increase in the exchange rate of a currency as a result of the disposal of official
Risk management - risk management - the definition of acceptance or measured against the risks that threaten the gains or entity organization. For foreign exchange risk management requires consideration market and sovereignty of the state and the country, conversion and connectivity, credit and risk of the other party and other items
Risks - risks - there are risks associated with any market. Difference in yield and the possibility of not walking the effective yield with the expected return. Risks associated with trade in foreign currencies are: market and exchange rate, interest rate and yield curve, volatility and liquidity and distress sales and counterparty credit risk and country risk.
Rollover - Ttpet deals - when the settlement deal leaves the due date of the last depending on the difference in interest rates between the two currencies, for example, the following day.
Settlement - settlement - the actual exchange of one currency for another.
Short - Short - center in a market where he sells the client does not already own currency. Usually shows basic currency.
Spot Price / Rate - price / cash price - the price at which the currency is currently traded in the spot market
Spread - the difference between the price of supply and demand - the difference between the price of the supply and demand for a currency. The difference between the two price limits associated with the other. For options, transactions that require two or more options for the currency in question.
Sterling - Sterling - £, last known cable.
Stop Loss Order - is a sale to avoid loss - is to end the center upon the arrival of the market price for this center to a predetermined level. It confirms that, in the case of weak currency by certain, will cover a short position until he requires afford to lose. Achieve profitable orders less prevalent
Support Levels - support levels - the lowest level for the price can not be the tool to go down with him, and therefore, it is expected the implementation of the procurement process.
Swap - Swap (replaced with another currency) - buying and selling the same amount of currency together in two different dates, against the sale and purchase of another currency. Barter can be a trade-off against the futures contract. In essence, bartering is somewhat similar to borrowing one currency and lending another currency for the same period. However, any rate of return or cost of funds appear in the
Technical Analysis - Technical Analysis - a price that reflects its study supply and demand factors of a currency. Canonical means are the signs and flags showing prominent trend lines, the lowest price and the highest and media models and gaps.
Technical Correction - technical correction - changes in price does not depend on the top of the market, but rather on technical factors such as the quantity and graphs.
Thin Market - a limited market - a market with low trading volume and thus the difference between supply and demand and broad liquidity instrument traded in a low position.
Tomorrow Next (Tom next) - buying and selling at the same time for delivery the next day, whether for sale or purchase (Tomorrow Next) - buy and sell currency at the same time for delivery the next day, whether for sale or purchase
Transaction - trading deal - to buy or sell securities resulting from the implementation of something.
Transaction Date - the date of the transaction - the date of the trade.
Under-Valuation - assessment originally undervalued - is the exchange rate less than its value when usually worth less than its fair purchasing.
Uptick - a simple move - the new price immediate future seconds ..
Value Date - maturity - to foreign exchange contracts, on the exchange of currency exchange parties concerned that have been bought or sold. For an immediate deal, a two-day work-limits in the country of the bank that made the offer which determines the due date for immediate sale. The only exception in this general rule is the day immediately at the center of determining the price falls on a bank holiday in the country (the country) currency (currency) foreign. In this case the maturity date is postponed for an additional day. Inquirer is the body that must make sure that today the immediate consistent with applicable today with the Party responsive. Must be located futures months due date on the same day in the calendar month course. If signed per month on a bank holiday in one of the centers, P! Of the operating day is the first working day following in the two centers. Modify the maturity date for a particular month does not affect the other maturities continue maturity date replicate the original if they deserved in the working day. If immediate deserved the last date on the last business day in the month, the dates will be in line with the futures this date in dues, the last working day. Is referred to as a day of Merit
Variation Margin - margin of difference (variation) - the money required to be deposited by the client when prices move up and down the money for less than the required percentage.
Volatility - volatility - a measure of the amount which is expected to price the original arrival him that oscillates at a specific period. Usually measured the standard deviation of annual changes in the daily price (historical). Can hint to him than futures prices, implied volatility.
World Bank - World Bank - Bank component of the members of the International Monetary Fund whose aim is to help develop the Member States to provide loans when no private capital available
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