Glossary
-
Extrapolates the behavior of a financial metric (such as volatility, returns, interest rates) from a specific time period to a full year.
-
The lowest price at which sellers are willing to sell an asset to potential buyers.
-
The first currency listed in a currency pair.
-
The highest price at which buyers are willing to buy an asset from potential sellers.
-
A medium of exchange for goods and services, often issued and regulated by a central authority.
-
Relative value of two currencies used to determine the rate at which one currency can be exchanged for another.
-
An instruction to buy or sell an instrument when its price reaches a predetermined level.
-
The current market value of all the positions a trader holds. Higher exposure magnifies potential gains or losses.
-
The practice of holding simultaneous long and short positions in the same instrument.
-
The use of borrowed capital to open positions larger than what the actual capital permits.
-
An instruction to buy or sell an instrument at a specific price or better
-
To buy and hold an instrument with an intention to sell at a higher price later
-
The required collateral or good faith deposit to open and maintain a leveraged position.
-
The greater of 0 and your net asset value minus your margin used.
-
An alert when the estimated value of your account is less than your used margin and you are required to deposit additional funds or close open positions.
-
A process by which your positions are automatically closed when your account falls below a predetermined threshold.
-
Margin Used is always the amount of margin that would be needed to open a new position(s) of the given trade size(s) at any point in time.
-
An instruction to buy or sell an instrument at the current market price.
-
NAV calculated at the current mid prices only for margin calculations.
-
The current value of a trader’s account in its home currency including the balance and the unrealized profit or loss calculated at the current bid or ask price.
-
A trade that hasn’t been closed by making an opposite transaction.
-
An instruction to buy or sell an instrument under the specified conditions
-
A pending order is an unexecuted trade instruction, waiting for specific conditions to be met before becoming an active order.
-
Smallest price movement in a currency pair, usually measured to the fourth decimal.
-
A collection of financial instruments held by an investor or financial institution.
-
A strategy to sell an instrument a trader doesn’t own with an intention to buy at a lower price later
-
The difference between the bid and the ask price.
-
An instruction to close open positions on an instrument when its price reaches a certain level, designed to limit a trader's potential losses in a trade.
-
An instruction to buy or sell at a predetermined price.
-
An instruction to close open positions on an instrument when its price reaches a certain level, designed to lock in an investor's potential profits in a trade.
-
A trade is the actual execution of buying or selling an asset, resulting in a completed transaction.
-
A trailing stop is a type of stop order that automatically adjusts as the market price of an asset moves in your favor.
-
The profit or loss calculated on your open positions based on the current bid or ask prices, but it remains unrealized until the positions are closed.
-
Unrealized P/L calculated using the current mid prices for margin calculations
-
A measure by which the price of an instrument is expected to fluctuate or has fluctuated over a given period.
Still have questions? Chat with an agent.