Under-Valuation An exchange rate is normally considered to be undervalued when it is below its purchasing power parity. Value Date For exchange contracts it is the day on which theRead More
Selling Rate Rate at which a bank is willing to sell foreign currency. Settlement Actual physical exchange of one currency for another. Settlement Date It means the business day specifiedRead More
Package Deal When a number of exchange and /or deposit orders have to be fulfilled simultaneously. Par (1) The nominal value of a security or instrument. (2) The official valueRead More
Nickel US term for five basis points. Nostro Account A foreign currency current account maintained with another bank. The account is used to receive and pay currency assets and liabilitiesRead More
Forex Glossary of Terms L to O Lay Off To carry out a transaction in the market to offset a previous transaction and return to a square position. LDC LessRead More
Forex Glossary of Terms F to K Fast Market Rapid movement in a market caused by strong interest by buyers and/or sellers. In such circumstances price levels may be omittedRead More
FOREX 101 Things You Need to Know to Succeed in Forex Trading Online Firstly, never succumb to the ‘gamblers addiction’ when you are trading online in Forex. This is theRead More
Forex Glossary of Terms A to B Aggregate RiskTotal amount of exposure a bank has with a customer for both spot and forward contracts. American Option An option which mayRead More
The first thing you should know about when talking about the benefits of the Forex market is that it really is one of the largest markets in the world withRead More