Forex Glossary

Letter A

Aggregate Risk

American Option

Appreciation

Arbitrage

Around

Ask Price

Asset

At Best

At or Better

At-the-Money

At Par Forward Spread

Auction

Average Rate Option

Aggressor

Asset Allocation

Ascending Support-Resistance Level

Letter B

Back Office

Back to Back

Balance of Payments

Balance of Trade

Band

Bank Line

Bank Notes

Bank Rate

Barrier Option

Base Currency

Base Rate

Basis Point

Basis Price

Basis Convergence

Basis Trading

Basis

Basket

Bear

Bear Market

Bid Price

Big Figure

Bilateral Clearing

Black-Scholes Model

Booked

Boris

Break Even Point

Breakdowns-Breakouts

Bretton Woods

Broker

Brokerage

BUBA

Bull

Bull Market

Bulldogs

Bundesbank

Butterfly Spread

Book

Buy Limit Order

Buy On Margin

Binary Options

Letter C

Cable Transfer

Cable

Call Option

Call

Capital Account

Carry

Carry-Over Charge

Cash

Cash and Carry

Cash Settlement

CBOE

CBOT or CBT

CD

Central Bank

Central Rate

Certificate of Deposit (CD)

CFTC

CHAPS

Chartist

CHIPS

CIBOR

Closed Position

Closing Purchase Transaction

CME

Coincident Indicator

Comex

Commission

Compound Option

Confirmation

CPI

Contract Expiration Date

Contract Month

Contract

Correspondent Bank

Cost of Carry

Cost of Living Index

Counterparty

Counterparty Risks

Country Risk

Coupon Value

Coupon

Cover

Covered Interest Rate Arbitrage

CPSS

Crawling Peg (Adjustable Peg)

Credit Risk

Cross Deal

Cross Hedge

Cross-Trade

Currency

Currency Basket

Current Account

Current Balance

Cycle

Candlestick Chart

Clearing

Closing Market Rate

Contagion

Cross Rate

Currency Pair

Currency Risk

Commodity

Letter D

Day Order

Day Trading

Deal Date

Deal Ticket

Dealer

Declaration Date

Deficit

Delivery

Delivery Date

Delivery Risk

Delta

Delta Hedging

Delta Spread

Depo

Derivatives

Desk

Details

Devaluation

Direct Quotation

Discount

Discount Rate

Domestic Rates

Depreciation

Discretionary Account

Descending Resistance-Support Level

Letter E

Economic Exposure

Economic Indicator

ECU - European Currency Unit

Effective Exchange Rate

EFT

Either Way Market

EMU

EMS

EOE

Epsilon

ERM

Euro Clear

European Union

Exchange Rate Risk

Exercise Price (Strike Price)

Exotic

Expiry Date

Expiration Date

Expiration Month

Exposure

Euro

European Central Bank (ECB)

Execution

ETF

Letter F

Fast Market

Fed

Fed Funds

Fed Fund Rate

FEDAI

Federal National Mortgage Association

Federal Reserve Board

Federal Reserve System

Fiscal Policy

Fixed Exchange Rate

Fixing

Flat-Square

Float

Floating Exchange Rate

Floor

FOMC

Foreign Exchange

Foreign Position

Forex

Forex Deal

Forward Contract

Forward Cover Taking

Forward Deal

Forward Points

Forward Rate

Free Reserves

Front Office

Fundamental Analysis

Fundamentals

Funds

Futures Contract

Futures Exchange-Traded Contracts

FX

Federal Deposit Insurance Corporation (FDIC)

Fill

Financial Risk

Fibonacci Retracement Fan

Force Index

Letter G

G5

G7

G10

Gamma

GNP Deflator

GNP Gap

Gross Domestic Product

Gross National Product

Gold Standard

GTC -Good Till Cancelled

Letter H

Hard Currency

Head and Shoulders

Hedge

Hedging

Hyperinflation

Hard commodity

Letter I

ICCH

IFEMA

IMF

IMM

Implied Rates

In-the-Money

Inconvertible Currency

Indicative Quote

Indirect quote

IPI

Inflation

Info Quote

Initial Margin

Interbank Rates

Interest Rate Risk

Interest Rate Swaps

Intervention

Intra Day Limit

Intra Day Position

IOM

ISDA (International Securities Dealers Association)

Initial Margin Requirement

Letter J

J Curve

Jobber

Letter K

Kiwi

Knock In

Knock Out

Letter L

Lay Off

LDC

Leading Indicators

Leads and Lags

Liability

LIBOR (London Inter Bank Offer Rate)

LIFFE

Limit Order – Reserved Day Trading Deal

Limited Convertibility

Liquidation

Liquidity

Long

Letter M

M0

M1

M2

M3

M4

Make a Market

Managed Float

Margin

Margin Call

Marginal Risk

Mark - To - Market

Market Value

Maturity

MITI

MM

Money Supply

Mutual fund

Maintenance

Margin Account

Market Close

Market-Maker

Market Order

Market Rate

Market Risk

Letter N

Nickel

Nostro Account

Not Held Basis Order

Note

Letter O

Offer

Official Settlements Account

Off-Shore

Old Lady

One Cancels Other Order

Open Market Operations

Open Position

Option Class

Option Series

Option

Over The Counter (OTC)

Out-of-the-Money

Outright Deal

Outright Forward

Outright Rate

Overheated (Economy)

Overnight Limit

OCO-One Cancels the Other Order

Offsetting transaction

Order

Overnight Position

Letter P

Package Deal

Par

Parities

Parity

Permitted Currency

Pip

Point

Political Risk

Position

PPI

Premium

Prime Rate

Principal

Profit Taking

Purchasing Power Parity

Put Call Parity

Put Option

Price Transparency

Profit-Taking Sell-Off-Short-Covering Rally

Positive-Negative Divergence

Price Gap

Letter Q

Quote

Letter R

Range

Rate

Recession

Reserve Currency

Reserves

Retail Price Index

Revaluation

Reuter Dealing

Risk management

Risk Premium

Risks

Rolling over

Rollover

Resistance

Letter S

Selling Rate

Settlement

Settlement Date

Short

SITC

SOFFEX

Soft Market

Spot

Spot Next

Spot Price - Rate

Spread

Stable Market

Standard and Poors S-P

Sterling

Sterilization

Stop Loss Order

Stop Out Price

Straddle

Stagflation

Strike Price

Strip

Structural Unemployment

Swap

Swift

Swissy

Selling Short

Short Squeeze

Soft Commodity

Support-Resistance Zones

Letter T

T-Bill

Technical Analysis

Technical Correction

Terms of Trade

Theta

Thin Market

TIBOR

Tick

TIFFE

Tomorrow Next (Tom next)

Trade Date

Tranche

Transaction

Transaction Date

Transaction Exposure

Take Profit Order

Turnover

Two-Way Price

Technical Terminology Explained

Letter U

Under-Valuation

Uptick

US Prime Rate

Letter V

Value Date

Value Spot

Vanilla

Variation Margin

Vega

Velocity of Money

Volatility

Vostro Account

Varlık - Asset

Letter W

Wholesale Money

Wholesale Price Index

Working day

World Bank

Writer

Whipsaw

Letter Y

Yield Curve

Yard

Letter Z

Z-Certificate

Zero Coupon Bond