Also known as Offer Price, is the minimum price the market will accept for selling an instrument.
Securities, currencies, commodities, derivatives, indices or any other trading/investment vehicle.
An instruction to a broker to buy or sell at the best available price.
At or Better:
An instruction to a broker to fill an order at or above/below a specific price.
The maximum amount of asset units available for trading.
The equity amount of an account excluding any open positions.
The first currency mentioned in a currency pair.
The price a trader will have to pay for an instrument.
The difference between the Bid and Ask prices.
A person (or entity) that brings together the buyers and the sellers of an instrument.
A pending order to buy at a value below market price. If the ask price reaches the pre-specified level then a long position is opened.
A pending order to buy at a value above the market price. If the ask price reaches the pre-specified level, a long position is opened.
A candlestick chart graphically represents the price movement of a financial instrument. Each candlestick displays a specified time-period and the opening, closing, maximum and minimum price for that period.
Contract for Difference; a derivative contract between a buyer and a seller, where the seller will pay in cash the buyer the difference between an instrument’s present value and its value at a defined closing time.
A graphic representation of data that provides a trader information regarding previous price movements.
An order that has been terminated and the cash settlement has been done.
Basic goods usually used in the manufacturing of products or provision of services.
A standardized measure of financial instruments, that varies depending on the asset class, traded on an exchange.
Also known as Secondary or Quote Currency. The second currency quoted in a currency pair.
Buying or selling financial assets within a same day time frame.
Money transferred into an account to be used as equity for trading.
Macroeconomic data that shows the strength of an economy and its financial market.
The amount of funds that a financial entity or person has available on his account when all current liabilities have been taken into account.
The fill price is the execution price of an instrument’s order.
Foreign Exchange (Forex/FX):
The exchange of currencies that belong to different countries.
The difference between the closing and the next day opening price for an instrument.
Is a technik to hedge is to protect one’s self against potential loss, or, more usually, to invest in order to offset potential loss (or gain) that results from a similar investment.
A transaction that is immediately executed with the quoted asset value shown on the platform.
Any asset that can be traded between two parties. Main instruments are equiteis, bonds, forex, commodities etc.
It allows traders to place an order whose value of which is higher than the amount of money available for trading.
A pending buying or selling order of an asset to be executed when it reaches a pre-specified price.
A line chart which shows the value of an asset over a selected time period.
A position that a trader opens if he expects the asset’s price to rise.
Standardized unit of measurement used to determine trade size.
Margin (Margin Requirement):
Margin is the minimum amount of money required by a trader in order to be able to open and/or maintain an open position through the use of leverage.
In the event that usable margin falls below pre-specified safety levels, the broker’s automatic system will begin to close positions.
A Transaction that the order is filled at the best available price and if that is not available executed at its closest price available.
The current asking price for a securities contract on a securities market.
An order to buy or sell an asset that is still in effect.
The current sum of a trader’s profits and losses on all his open positions.
A transaction still in effect that has not been closed.
The financial benefit on an investment over a defined period.
A type of order that executes a trading position only after when the asset reaches a predetermined price value.
‘Percentage In Point’. The standard unit to measure a change in a currency’s value, usually in forex pairs is the number at the fourth decimal on the price.
An open trade or transaction in an asset.
Used to inform the trader of current bid and ask prices for a specific asset.
The amount that a trader has to pay to keep one of his positions open overnight. For each position there is an application of a separate rollover charge.
A pending sell order that has a specified value above market price.
A pending sell order that has a specified value below market price.
A position that a trader opens if he believes that the price of the underlying instrument is going to fall.
In time of extreme volatility slippage is the difference between the price asked by the client and its execution price.
The difference between the buy (bid) and sell (ask) prices.
An order used to minimize losses at a pre-specified rate or amount.
An order used to close a position with a profit at a pre-specified rate or amount.
Funds in a trader’s account that are used in order to maintain his open positions.