In forex trading, a “Firm Quote” refers to a specific type of price quote provided by a forex broker to its clients. It is a guarantee from the broker that the quoted prices for a particular currency pair are firm and binding. When a forex broker provides a firm quote, it means that the […]
An exchange, in the financial context, refers to a platform or institution where financial assets are bought and sold. It serves as a marketplace for investors to trade various assets such as stocks, bonds, commodities, cryptocurrencies, and other financial instruments. An exchange acts as an intermediary between buyers and sellers. Buyers express their demand […]
An E-trading Desk, also known as an electronic trading desk, is a digital platform or system used to facilitate electronic trading activities in financial markets. It serves as a centralized hub where traders, brokers, investment banks, hedge funds, and individual investors can access real-time market data, place and manage trade orders, monitor portfolios, and perform […]
An Electronic Market Maker is a type of market participant in financial markets that uses electronic systems and algorithms to provide liquidity and facilitate trading. They play a crucial role in ensuring the smooth functioning and efficiency of financial markets. Electronic Market Makers act as intermediaries between buyers and sellers by continuously providing bid […]
The electronic indirect trade electronic matching system is a system that facilitates and speeds up commercial transactions in the field of electronic commerce. It operates through an electronic platform or trade network where buyers and sellers can enter their commercial information and requests, which are then automatically matched. This system is commonly used in […]
Electronic Direct Trading (EDT) is a form of electronic trading that allows for the direct buying and selling of financial assets without the need for traditional intermediaries or brokers. It involves the use of electronic platforms or trading systems that enable investors to trade directly with other market participants. EDT is widely used in […]
Electronic Brokering Services (EBS) is an electronic trading platform that facilitates the buying and selling of financial instruments, primarily currencies, in the global foreign exchange (forex) market. It was established in 1990 and has become one of the largest and most widely used forex trading platforms in the world. EBS provides a marketplace where […]
ECN stands for Electronic Communication Network. It is a technology used in financial markets to facilitate the direct and transparent trading of financial instruments. ECN allows buyers and sellers to interact directly without the need for intermediaries like brokers or market makers. In traditional trading systems, orders are routed through a centralized exchange or […]
Direct Price Stream (DPS) is a service that provides real-time price data directly to investors. It allows investors to access live price information and stream it directly to their trading platforms. Here are some key features of Direct Price Stream: Real-time Prices: DPS offers investors real-time price data, enabling them to track market […]
A dealer is an individual or entity that buys and sells goods or services. They act as intermediaries between manufacturers or suppliers and consumers, facilitating the distribution and sale of products. Dealers can operate in various industries, such as automotive, electronics, real estate, and financial markets. Here are some key points to understand about […]