Tag: C

Chart Patterns

Graphical presentations serving as symbols for projected price movements.

Chartist

A person who uses charts to aid in technical analysis.

Closed Position

A transaction which leaves the trade with a zero-net exposure to the market with respect to a particular currency.

CME

Chicago Mercantile Exchange. An exchange where financial futures, foreign currency futures, commodity futures, and futures options are traded.

COMEX

Commodity Exchange. The leading U.S. exchange for metals futures and options trading.

Commission

A fee charged by a broker or agent for his/her service in facilitating a transaction, such as the buying or selling of securities.

Commodity

A basic good, such as food, grains, and metals, which is interchangeable with other commodities of the same type, and which investors buy or sell, usually through futures contracts.

Contract

An agreement to buy or sell a specified amount of a particular currency on OTC, future or option basis for a specified month in the future.