Glossary

A B C D E F G H I K L M N O P Q S T U W
  • Balance

    Funds held in the Client's trading account without factoring in open positions; the account balance including all closed positions and non-trading transactions.

  • Bid

    The quoted price where a customer can sell a currency pair. Also known as the 'bid price' or 'bid rate.

  • Broker

    A firm in the business of acting as a counterparty to foreign currency transactions.

  • Buy Limit

    A pending order to buy a financial instrument if the price decreases to the level determined in the order; a buy limit order is executed at or below the current Ask price.

  • Buy Stop

    A pending order to buy a financial instrument if the price increases to the level determined in the order; executed at or above the Ask price.