| Added Word |
Translation of word |
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American-style option |
an option contract that may be exercised at any time before it expires. |
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Arbitrage |
a trading strategy based on the purchase of an asset in one market at one price while simultaneously selling it in another market at a more advantageous price, in order to obtain a risk-free profit on the price differential. |
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Ask |
the quoted price at which a Client can buy an asset. Also referred to as the ‘offer,’ ‘ask price,’ or ‘ask rate.’ |
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Base Currency |
or foreign exchange trafding, currencies are quoted in terms of a currency pair. The first currency in the pair is the base currency. For example, in a USD/JPY currency pair, the US dollar is the base currency. Also may be referred to as the primary currency. |
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Basket |
it is an economic term for a group of several currencies created for the purpose of management of the exchange rate of a specific currency. |
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Bear |
a person who believes the prices of stocks or the overall market will decline. |
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Bear market |
a market distinguished by declining prices. |
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Broker |
an individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission. A broker has no position in the market. |
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Bull |
an investor who thinks market prices will rise and he has a long position in the asset. |
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Bull market |
any market in which prices are trending higher. Usually, used in context to describe a steadily rising stock market. |
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Cable |
trader jargon refers to the Sterling/US Dollar exchange rate. |
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Call |
a call option gives the option buyer the right to purchase an asset on a specified date. |
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Central Bank |
it is the main bank in the country responsible for the monetary policy. Its primary responsibility is to maintain the stability of the national currency and money supply, but more active duties include controlling subsidized loan interest rates, and acting as a "bailout" lender of last resort to the banking sector during times of financial crisis.
Bid - the quoted price at which a Client can sell an asset for. Also known as the ‘bid price’ or ‘bid rate.’ |
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CFD (Contract For Difference) |
financial instrument, with the underlying principle that both parties to the transaction do not have any claims to the underlying asset, basing solely on cash settlement. CFD are always traded on margin; typically the margin is low enough to allow a large exposure with small amounts of deposit. Nowadays, CFD can be based on a wide range of base assets, from shares and commodities to interest rate swaps. As margin requirements tend to be low, gains and losses incurred even by nominally low movements of the price of the underlying asset are magnified. |
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Day Trading |
trading style used by day traders, where all long positions are sold (or short positions are covered) by the end of the trading day. |
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Dealer |
person or a firm in the business of acting as a counterpart to foreign currency transactions. Typically, a dealer buys for his or her own account and sells to a customer from the dealer's inventory. |
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ECU |
European Currency Unit. |
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EMS |
European Monetary System. |
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European-style option |
an option contract that can be exercised only on its expiration date.
Expiration date/ maturity date - the last day on which an option may either be exercised or offset. |
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Exotic currency |
a currency with little liquidity and limited trading activities. |
English |
Slovak
