The net assets of a traders account
The physical assets behind traded commodity securities.
Person, or organisation that uses arbitrage as a strategy.
When the majority of Asian markets are open and trade. Typically 23:00 to 08:00 GMT.
Aussie or Ozzie are short hand terms for the AUD/USD currency pair.
Where the buying and selling of securities is automated and driven by algorithms.
A company's statement of assets and liabilities.
The first currency quoted in a forex pair.
The amount of money staked per point of price movement.
When a trader buys an asset cheaply at the bottom of its fall.
Occurs when a price 'breaks down' below a support area.
Occurs when a price 'breaks out' above a resistance area.
BRIC stands for the emerging economies - Brazil, Russia, India and China.
The name given to German bonds.
When a trader goes long a financial instrument they will buy it.
When a trader buys at the beginning of a trading session.
When companies purchase their own shares. This reduces the amount of shares issued.
Also spot price. The price now to transact in the underlying asset.
A security's last price in a trading period.
When price moves sideways for an extended period of time.
The date a trade expiries, if applicable.
The length of time a contract is open for before it expires.
The month during which a contract or bet expires.
A confirmation from a broker that a trade has been placed.
You need at least two parties in a financial transaction, they are counterparties.
Consumer price index, a measure of inflation excluding housing costs.
When a position is closed the trader crystalises the profit or loss.
The rate to exchange two currencies.
The exchange of two currencies.
Normally a company or person traders go to buy or sell securities from.
A broker's practice account. Does not use real funds.
The funds placed on account with their broker to act as margin.
See daily funded bet.
Dow Jones Industrial Average. An index of 30 large US blue chip shares.
Short hand for the Dow Jones Industrial Average.
A trade or bet where the trader believes the price will fall
Electronic Communication Network, which amalgamates liquidity for the trader.
Countries with developing economies. Generally considered high risk and high reward.
Euronext 50 index.
07:00 to 16:00 London time.
Shorthand for foreign exchange trading. When one country's currency is traded for another.
Another name for leverage. Debt to equity proportions on a trade or portfolio.
Slang term for the NZDUSD currency pair.
The UK main stock exchange.
UK government bonds with maturities longer than 10 years.
A trading term for the Canadian dollar.
A standardised FX transaction size equal to 100,000 of the base currency.
The opening hours for a market. Markets can sometimes be traded after hours.
A trader that scalps - see scalp
Short hand for the Swiss Franc.
When a price moves in a certain direction consistently.
Tokyo Stock Exchange
The total sales of a company in a given period.
When price moves up by its smallest increment.
A sequential series of higher highs and higher lows.
The number of shares or units changing hand in a particular security.
Orders that have been placed by the trader but not filled.