The trader's Glossary
You can find words that you do not understand, so as not to feel like a tea kettle
You can find words that you do not understand, so as not to feel like a tea kettle
Abnormal Market Conditions — ‘Rapid Market’ or ‘Thin Market’.
Account History — a register of completed transactions, balance operations and cancelled orders in Customer’s account.
Asian Session — 23:00 – 08:00 (Tokyo)
Ask — the price at which a seller or a market maker is willing to accept for a traded instrument, also known as the 'Offer Price'; a price for establishing an open Buy position.
AUS 200 — Other name for the Australian Securities Exchange (ASX 200). 200 stands for top 200 (by market capitalization) companies listed on the ASX.
Available Margin (‘Free Margin’) — remaining funds in customer’s account with the deduction of margin, floating profit/loss and rollovers summary.
Aussie — ‘Ozzie’ or ‘Oz’, refers to the AUD/USD currency pair.
Balance — a summarized financial result of all funds deposited in and withdrawn from the customer’s account and of all its closed positions..
Base Currency — The first currency in a currency pair (for example if EUR/USD rate is 1.3283 then one EUR is worth 1.3283 USD).
Base Rate — Lending rate used by banks to calculate the interest rate to borrowers as established by the country's Central Bank.
Bearish / Bear Market — refers to the down trend market (price is declining) activity.
Bear — a trader who expects prices to decline or is holding short position.
Basis Point — A unit that describes the minimum change in the price of a product.
Bid — The price at which a seller or a market maker is willing to buy a traded instrument; a price for establishing an open Sell position.
BOC — Bank Of Canada (The Central Bank of Canada).
BOE — Bank Of England (The Central Bank of the UK).
BOJ — Bank Of Japan (The Central Bank of Japan).
Bull / Bullish Market — refers to uptrend market (price is rising) activity.
Bull — a trader who expects prices to rise or is holding a long position.
Bundesbank — The Central Bank of Germany also known as BUBA.
Buy Limit — a pending order for establishing an open Buy position in a customer’s account in the event the price on the specified instrument falls to the specified level; can only be executed at the Ask price and placed below the current Ask price of the specified instrument.
Buy Position — an open position that represents the expectation that market price will increase. For example, buying the base currency against the quote currency or buying a Contract for Differences (CFD's) on an underlying security rate.
Buy Stop — a pending order for establishing an open Buy position in a Customer’s account in the event the price on a specified instrument rises to the specified level; can be only executed at the Ask price and placed above the current Ask price of the specified instrument.