Cryptocurrency
PIP (Price Interest Point)
PIP (Price Interest Point)
PIP (Price Interest Point) is a unit of measurement used in financial markets, particularly in the foreign exchange (forex) market, to quantify the smallest price movement in a currency pair. It represents the fourth decimal place in most currency pairs, except for Japanese yen pairs where it represents the second decimal place. The value […]
Over The Counter (OTC)
Over-the-Counter (OTC) refers to the trading of financial instruments outside of an organized exchange. It is a decentralized market where participants trade directly with each other without the need for a centralized exchange or intermediary. OTC markets facilitate the trading of various financial instruments such as stocks, bonds, derivatives, and currencies. Here are some […]
OTC (Over The Counter)
Over-The-Counter (OTC) refers to the trading of financial instruments directly between two parties, without the involvement of a centralized exchange. In OTC markets, buyers and sellers can negotiate the terms of the trade privately, allowing for more flexibility and customization compared to exchange-traded markets. Here are some key points to understand about OTC trading: […]
NDF (Non Deliverable Forward)
NDF stands for Non-Deliverable Forward, which is a derivative product used in the foreign exchange market. It is a contract between two parties to exchange a specific amount of one currency for another at a predetermined exchange rate on a future date. However, unlike traditional forward contracts, NDFs do not involve the physical delivery of […]
Mark To Market (MTM)
Mark to Market (MTM) is an accounting method that values financial assets or liabilities at their current market value. It is commonly used in financial markets to assess the value of traded assets and aims to accurately reflect a company’s financial position and performance. The working principle of MTM can be summarized as follows: […]
Foreign Exchange
Foreign Exchange, also known as Forex or FX, refers to the global decentralized market where currencies are traded. It is the largest and most liquid financial market in the world, with trillions of dollars being traded daily. Foreign exchange involves the buying and selling of currencies with the aim of making a profit from […]
Economic Calendar
An Economic Calendar, also known as a financial calendar or event calendar, is a tool used by traders, investors, and analysts to track and monitor upcoming economic events, news releases, and important announcements that can potentially impact financial markets. The Economic Calendar provides a schedule of key economic indicators, such as GDP (Gross Domestic […]
Discretionary Account
A Discretionary Account is an investment account in which an investor gives authority to a financial institution, typically a brokerage firm, to make investment decisions on their behalf. In this type of account, the investor relies on professional portfolio managers of the financial institution to manage their investments. With a Discretionary Account, the investor […]
Delivery Date
In the Forex market, the concept of “Delivery Date” is not commonly used or applicable in the same way as in other financial markets. Forex trading is primarily conducted on a spot basis, which means that transactions are settled immediately or within a short period, typically two business days after the trade date. Unlike […]
Delivery
In the context of Forex trading, “delivery” refers to the physical exchange of one currency for another. It is a term primarily used in the futures market, where contracts are settled by delivering the underlying asset (in this case, currencies) on a specified future date. In Forex, most transactions are conducted on a spot […]
