Forex Education: Forex glossary

Letter A words

Account
Accreting Swap (see also Interest Rate Swap)
Actuals (see also Cash; Physicals; Underlying)
ADX (Average Directional Index)
Agent
Aggregate
Aggregate Demand
All or None
American-style options
Anonymous trading
Appreciation
Arbitrage
Around
Ascending Triangles
Asian Option
Ask
Ask Rate
Ask Size
Asset
Allocation
Asset-Liability Management
Asset Swap
Assignment
Associated person (AP)
At Best
At or Better
At-the-Market (see also Market Order)
At-the-money
At-the-Money Spot
At-the-Money Forward
At Par Forward Spread
At the Price Stop-Loss Order
Attorney in Fact
Auction
Authorized Dealer
Automatic Exercise
Average Rate Option
Away From the Market

Letter B words

Back Office
Back to Back
Backwardation (see also Contango)
Balance/Account
Balance Balance of Payments
Balance of Trade
Band
Bank for International Settlements
Bank Line
Bank Notese
Bank Rate
Bar Chart
Barrier Option
Base Currency
Base Rate
Basis
Basis contract
Basis Point
Basis Price
Basis Convergence
Basis Trading
Basket
Bear
Bear Market
Bear spread
Bearish key reversal
Bear trap
Benchmarking
Bid
Bid/Ask Spread
Bid Price
Big Figure
Bilateral Clearing
Binary Options
Black-Scholes Model
Blowoff volume
Bollinger Bands
Bonds
Book
Booked
Boris
Breakaway gap
Breakeven
Break Even Point
Break Out
Bretton Woods Accord (1944)
Broker
Brokerage
Brokerage house
BUBA
Bull
Bull Market
Bull spread
Bullish key reversal
Bull Trap
Bulldogs
Bundesbank
Butterfly Spread
Buy a bounce
Buy break
Buy On Opening
Buy stops above

Letter C words

Cabinet Trade or cab
Cable
Cable Transfer
Call
Call breakeven
Call Option
Call profit/loss
Call value
Candlestick Charts
Cap
Capital Account
Capital Markets
Car
Carry
Carry-Over Charge
Carry Trade
Cash commodity
Cash price
Cash
Cash and Carry
Cash sales
Cash settlement
CBOE
CBOT or CBT
CD
Central Bank
Central Rate
Certificate of Deposit (CD)
CFTC
Channel
CHAPS
CHIPS
Chartist
Chooser Option
Clearing
Clearing House
Close
Close a Position (Position Squaring)
Closed Position
Closing Purchase Transaction
Closing range
CME
Coincident Indicator
Collar (see also Range Forward; Risk Reversal)
Comex
Commission
Commitment
Commodity exchange
Commodity Swap
Compound Option
Confirmation
Confirmation on a chart
Contagion
Contango (see also Backwardation)
Continuation
Contract
Contract Expiration Date
Contract Month
Convertible Currency
Convexity
Correction
Correlation (see also Arbitrage)
Correspondent Bank
Cost of Carry
Cost of Living Index
Counterparty
Counterparty Risks Country Risk
Coupon
Coupon Value
Cover
Covered Interest Rate Arbitrage
Cover on a bounce
Cover on approach
CPI
CPSS
Crawling Peg (Adjustable Peg)
Credit Checking
Credit Netting
Credit spread
Cross Rate
Cup with Handle
Currency
Currency Basket
Currency board
Currency (Exchange Rate) Risk
Currency peg
Current Account
Current Balance
Cycle

Letter D words

Daily Charts
Day Order
Day Trading
Deal Date
Deal Ticket
Dealer
Debit spread
Declaration Date
Default
Deferred
Deferred pricing agreement
Deficit
Delivery
Delivery Date
Delivery Risk
Delta
Delta Hedging
Delta Spread
Demand
Depo
Deposit
Depreciation
Derivative
Descending Triangles
Desk
Details
Devaluation
Direct Quotation
Dirty Float (Managed Float)
Discount
Discount broker
Discount Rate
Distant
Dollarization
Documentation Risk
Domestic Rates
Double Top and Bottom
Downgrade
Downtrend
Dow Theory
DRT
Duration

Letter E words

Economic Exposure
Economic Indicator
ECU
Effective Exchange Rate
Efficient Markets
The Efficient Market Theory
EFT
Either Way Market
Elliot Wave Theory
EMU
EMS
Envelopes
End of the Day (Mark to Market)
Equilibrium
Estimated Annual Income
Euro
European Central Bank
European Monetary Union
Exponentially Weighted Moving Average (EMA)
Electronic trading
Elliot wave theory
Ending stocks
EOE
Epsilon
ERM
Euro Clear
European-style options
European Union
Exchange Rate Risk
Exercise
Exercise notice
Exercise price
Exhaustion gap
Exotic
Expiry Date
Expiration Date
Expiration Month
Exposure

Letter F words

Face value, or par value
Fast Market
Fed
Fed Funds
Fed Fund Rate
FEDAI
Federal Deposit Insurance Corporation
Federal National Mortgage Association
Federal Reserve Board
Federal Reserve System
Fibonacci Numbers
Fill-or-kill order (FOK)
Fiscal Policy
Fixed Exchange Rate
Fixing
Flag and Pennant
Flat/Square
Flat on a failure
FLEX® options
Flexible exchange rate system
Float
Floating Exchange Rate
Floor
Floor broker
Floor trader
FOMC
Foreign Exchange
Foreign Position
Forex
Forward Contract
Forward Cover Taking
Forward Deal
Forward Points
Forward Rate
Full service broker
Fundamentalist
Fundamentals
Futures
Futures commission merchant (FCM)
Futures contract
Future Rate Agreements (FRAs)
Free Reserves
Front Office
Fundamental Analysis
Fundamentals
Funds
Futures (Financial Futures)
Futures Exchange-Traded Contracts
FX

Letter G words

G5
G7
G10
Gamma
Gap
Gap theory
GNP Deflator
GNP Gap
Good-til (GT)
Gross Domestic Product
Gross National Product
Gold Standard
GTC (Good-till-Cancelled)

Letter H words

Hard Currency
Head and Shoulders Pattern
Hedge/Hedging
Hedger
Hedging line of credit
High/Low
Historical Volatility
Holder
Hundredweight
Hyperinflation

Letter I words

ICCH
IFEMA
IMF
IMM
Implied Rates
Implied volatility
Indicative Quote
Indirect quote
Inflation
Info Quote
Initial Margin
Initial performance bond
Interbank Rates
Inter-commodity spread
Interest Parity
Interest Rate Risk
Interest-Rate Swap Points
Intermarket Analysis
Inter-market spread
Intervention
In-the-money
Intra Day Limit
Intra Day Position
Intra-market spread
Intrinsic value
Introducing broker (IB)
IOM
IPI
ISDA (International Securities Dealers Association)

Letter K words

Knock-in Option (see also Knock-Out Option; Trigger Price)
Knock-out Option

Letter L words

Lay Off
LDC
Leading Indicators
Leads and Lags
Leverage
Liability
LIBO
LIFFE
Limit move
Limit order
Liquid and Illiquid Markets
Liquidation
Liquid Assets
Liquidity
Long
Long cash
Long hedge
Long (Position)
Lot

Letter M words

M0
M1
M2
M3
M4
Maturity
Maintenance performance bond
Managed Float
Margin
Margin Call
Marginal Risk
Mark - To - Market
Market-if-touched (MIT)
Market Maker
Market-on-close (MOC)
Market order
Market Risk
Market Value
Maturity
Maximum price fluctuation
Mine and Yours
Minimum price fluctuation
MITI
MM
Momentum
Money Supply
Moving Averages
Moving average chart
Mutual fund

Letter N words

National Futures Association (NFA)
Nearby
Negative or bearish divergence
Net Worth
Nickel
Non-serial options
Nostro Account
Not-held (NH)
Not Held Basis Order
Note

Letter O words

Off-Balance Sheet
Offer
Official Settlements Account
Offset
Offsetting a hedge
Offsetting a long option
Off-Shore
Old Lady
One Cancels Other Order (O.C.O. Order)
Open interest
Open Market Operations
Open order
Open outcry
Open/Open Position
Open Order
Opening
Opening range
Options
Option assignment
Option buyer
Option Class
Option seller
Option Series
Order
Order-cancels-other (OCO)
Out-of-the-Money
Outright Deal
Outright Forward
Outright Rate
Out-trades
Overbought
Overheated (Economy)
Overnight
Overnight Limit
Oversold
Over The Counter (OTC)

Letter P words

Package Deal
Par
Parabolic SAR (Stop and Reversal)
Parities
Parity
Pegging
Performance bond
Performance bond call
Permitted Currency
Pip (Points)
Plaza Accord
Point
Point and figure chart
Political Business Cycle
Political Risk
Position
Position trader
PPI
Premium
Price
Price order
Price Transparency
Primary dealers
Prime Rate
Principal
Profit Taking
Pure hedger
Purchasing Power Parity
Put breakeven
Put Call Parity
Put option
Put profit/loss
Put/Call Ratio
Put value

Letter Q words

Quanto Option
Quote

Letter R words

Rally
Range
Rate
Rating
Recession
Rectangle
Registered representative
Repurchase (REPO)
Reserve Currency
Reserves
Resistance
Retail Price Index
Retracement
Revaluation
Revaluation Rates
Reversal
Reuter Dealing
Risks
Risk appetite
Risk Capital
Risk Management Risk Premium
Rolling over
Rollover
Rounding Top and Bottom
Round-turn
RSI (Relative Strength Index)
Runaway gap

Letter S words

Scalp
Selective hedger
Selling climax
Selling Rate
Serial options
Settlement
Settlement Date
Settlement price
Short
Short cash
Short hedge
Short Position
Sideways trend
SITC
SOFFEX
Soft Market
Speculator
Spike (high or low)
Spot
Spot Next
Spot Price/Rate
Spot transactions
Spread
Spread order
Spread trade
Stable Market
Stagflation
Standard and Poors (S&P)
Sterling
Sterilization
Stochastics
Stop close only order
Stop limit order
Stop Loss Order
Stop order
Stop with a price limit
Stop Out Price
Straddle
Strangle
Strike Price
Strip
Structural Unemployment
Supply
Support
Support Levels
Swap
Swap Spread
Swift
Swissy
Symmetrical triangles
Synthetic futures
Synthetic call option
Synthetic option
Synthetic put option

Letter T words

Target price
T-Bill
Technical analysis
Technical Correction
Term
Theta
Thin Market
TIBOR
Tick
TIFFE
Time value
Tomorrow Next (Tom/Next)
Trade Date
Trade Price Response
Trader
Tranche
Transaction
Transaction Costs
Transaction Date
Transaction Exposure
Trend
Trend Lines
Triple Top
Turnover
Two Way Price