Forex Glossary 1

Forex Glossary (PART 1 )

Forex-Glossary

• Account >>>>>>>>>>> A record of all transactions.

• Account Balance >>>>> See balance.

• Agent >>>>>>>>>>>>> An individual employed to act on behalf of another (the principal

• Aggregate Demand >>> The sum of government spending, personal consumption expenditures and business expenditures 

• All or None >>>>>>>>> A limit price order that instructs the FCM to fill the whole order at the stated price or not at all 

• Appreciation >>>>>>>> An increase in the value of an asset; the rising of a price in response to market demand. 


• Arbitrage >>>>>>>>>> The use of countervailing prices in different markets to profit from small price differentials via the purchase or sale of an instrument and simultaneous taking of an equal and opposite position in a related market 

• Ask Rate >>>>>>>>>> The lowest price at which a financial instrument is offered for sale 

• Ask Size >>>>>>>>>> The amount of shares being offered for sale at the ask rate 

• Asset Allocation >>>>> The distribution of funds among different markets (such as Forex, stocks, bonds, commodities and real estate) to achieve diversification for risk management purposes and/or expected returns 

• Attorney in Fact >>>>> A person who, by virtue of having power of attorney, is allowed to transact business and execute documents on behalf of another person 

• Back Office >>>>>>>> The departments and processes related to the settlement of financial transactions 

• Balance >>>>>>>>>>> The amount of money in an account 

• Balance of Payments >> The record of a nationâ??s claims regarding transactions with the rest of the world over a particular time period. This includes merchandise, services and capital flows 

• Base Currency >>>>>>>
  1) The currency in which an investor or issuer maintains his/her book of accounts; the currency against which other currencies are quoted. In the Forex market, the US Dollar is normally considered the "base" currency for quotes, meaning that quotes are expressed as a unit of one USD per the other currency quoted in the pair. 
    2) The first currency quoted in a pair