The common trading term for the GBP/USD currency pair.
A strategy in options or futures where a spread is established by entering both a long and short position at the same time on the same underlying asset but with different expiration dates.
A chart with a candle configuration revealing the shifts in the prices of financial instruments.
Currency and coins on hand, bank balances, and negotiable money orders and checks.
A requirement of certain futures contracts that the underlier should not be delivered to the buyer at maturity, and instead the value of the underlier should be paid out.
Chicago Board of Trade. An exchange where grain, gold, and Treasury Bond futures and options are traded.
The Central Bank is the institution that is in charge of managing the currency, money supply and interest rates present in a state. It oversees the commercial banking system. The most known are: the Central Bank of the U.S. called the Federal Reserve, Bank of England and the European Central bank.
A negotiable certificate in bearer form issued by a commercial bank as evidence of a deposit with that bank which states the maturity value, maturity rate and interest rate payable.
A CFD is a derivative financial product that offers traders the possibility to take advantage of rising or falling prices of the underlying financial instruments. Represents an agreement between two parties, that are usually described as “buyer” and “seller”, stating that the seller will pay the difference between the current asset’s value and its value …
A chart is a collection of historical price action that is represented visually in a graph form.