Tag: G

G7 (Group of Seven)

Economic Intergovernmental Grouping consisting of seven major developed countries: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.

Gap

The significant price movement of a security or commodity between two trading sessions, such that there is no overlap in the trading ranges for the two days.

GDP – Gross Domestic Product

Represents the change in the inflation-adjusted value, applicable to all goods and services produced by the economy. It’s the widest measure of both economic health and activity.

Gold Standard

A monetary system that backs its currency with a reserve of gold, and allows currency holders to convert their currency into gold.

GTC (Good Till Cancelled) Order

It is an order to buy or sell a specific asset at a set price that remains in effect until the trader cancels the order or the trade is completed.

GTD (Good till Date/Time)

An order that is active until a definite time, except for when it has been fulfilled or canceled.