Cryptocurrency
Counter Currency
Counter Currency
In the context of forex trading, the counter currency refers to the second currency listed in a currency pair. When you trade forex, you are essentially buying one currency and selling another currency simultaneously. The currency pair consists of a base currency and a counter currency. The base currency is the first currency listed […]
Cost of Carry
In forex, the Cost of Carry refers to the expenses incurred when holding or carrying a position in a currency pair overnight. It represents the cost or benefit associated with holding a position in a currency pair from one trading day to the next. The Cost of Carry is composed of two main components: […]
Contract
In Forex, a contract refers to an agreement between two parties to buy or sell a specific amount of a currency pair at a predetermined price and date in the future. These contracts are also known as currency futures or forex futures. Forex contracts are standardized and traded on regulated exchanges, such as the […]
Continuous Linked Settlement (CLS)
Continuous Linked Settlement (CLS) is a global settlement system that provides risk mitigation and liquidity management services for foreign exchange (FX) transactions. It was established in 2002 to address the settlement risk associated with FX trades. CLS acts as a central counterparty for participating banks and financial institutions, ensuring that both sides of an […]
Bid Ask Spread
The Bid-Ask Spread refers to the difference between the highest price that a buyer is willing to pay (bid) and the lowest price that a seller is willing to accept (ask) for a financial instrument in a market. In financial markets, buyers and sellers are constantly placing orders to buy or sell various assets […]
Bid Price
In forex trading, the bid price refers to the highest price at which a buyer is willing to purchase a particular currency pair. It represents the demand side of the market, where traders are looking to buy the base currency and sell the quote currency. The bid price is always displayed on the left […]
Bid
In forex trading, the bid refers to the highest price at which a buyer is willing to purchase a particular currency pair. It represents the demand side of the market, where traders are looking to buy the base currency and sell the quote currency. The bid price is displayed on the left side of […]
Base Currency
Base Currency is the currency that is used as a reference or base for exchange rates in the foreign exchange market. It is the first currency listed in a currency pair and is considered as the benchmark against which other currencies are valued. In the foreign exchange market, currencies are traded in pairs, and […]
Asymmetric Slippage
Asymmetric slippage is a term used in the field of finance and trading to describe a situation where the execution price of a trade significantly differs from the expected price, but in an asymmetric manner. In other words, it refers to a scenario where the slippage (the difference between the expected and actual execution prices) […]
Ask
In forex trading, the term “Ask” refers to the price at which a currency pair can be bought by a trader. It is the price at which market participants are willing to sell the base currency (the first currency in the pair) in exchange for the quote currency (the second currency in the pair). […]
