associated with the market. Maturity The date for settlement or the closing date of a contract. The date a contract matures and the transaction is settled by exchanging currencies. J Jobber Slang term for traders that operate on short-term fast profits and will not usually leave open positions overnight. This is called positive or negative correlation positive when the pairs react in line and negative when they react opposite. It will sometimes mean a loss is made, but is to protect against massive losses if a market moves suddenly.
Trade on the New Zealand (NZX and Australian (ASX) stock exchanges, plus the New Zealand debt market (nzdx). Created by the European Monetary System to eventually replace individual currencies. Q" An indicative price for information purposes. Canadian Dollar against the, uS Dollar and. K Kiwi Slang term for the New Zealand dollar. Are there any forex words you do not understand the meaning of? Also known as cable. Open Position Any deal which has not been settled on buying (long) or selling (short) for a currency pair. As an online service, we can offer you some of the most competitive brokerage rates in the market. Usually it is a multiple of 100.
A common term used in international forex platforms. Each currency has a value relative to others for forex trading. It is often combined with stop-loss orders. Margin Call A demand for more money to cover trading positions.