Created by: Bagar
Number of Blossarys: 64
English (EN) An exchange rate policy adopted by some countries wherein the national currency is largely pegged or fixed to a major currency such as the U.S. dollar or euro, but can be readjusted from time to time ...
The loss from closing long position at lower rate than opening or short position with higher rate than opening, or if the profit from a position closing was lower than broker commission on it.
Order for a broker to buy the lot for fixed or lesser price or sell the lot for fixed or better price. Such price is called limit price.
A composite index (year 1992 = 100%) of ten most important macroeconomic indicators that predicts future (6-9 months) economic activity.
A slang word for a trader which is aimed toward fast but small and short-term profit from an intra-day trading. Jobber rarely leaves open positions overnight.
Maintaining a market position which secures the existing open positions in the opposite direction.
Order to buy or sell of a currency with a fixed price or worse. The order is alive (good) until execution or cancellation.
