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Ask (Ask the price)
The offer on sale by bank or the broker (for you - purchase) the certain currency under the specified price. Ask it is more Bid. When on Forex you enter into purchase, you should buy(purchase). For this purpose Forex the broker (for example, Alpari) should you sell currency, and it(he) will sell more dearly(expensively), than buys.

Bearish Market (the Bear market)
When the price goes down, speak, that a trend on Forex “bear” and traders who have positions on sale, refer to as “bears”.

Bid (Bid the price)
The offer on purchase by bank or the broker (for you - sale) the certain currency under the specified price. When on Forex you, for example, leave purchase, you should sell Forex to the broker an available currency. It(he) will buy(purchase) it(her) more cheaply, than sells at the moment.

Broker (the Broker, Forex the broker)
1) the Company, being the intermediary between a stock exchange (in our case Forex) and the physical/legal persons(faces), wishing to trade at a stock exchange.

2) the Person working in broker firm who carries out trade (purchase or sale) on Forex on behalf of and due to other people and gets commission fee for the work.

Bull market (the Bull market)
When the price on Forex raises(increases), speak, that market Forex “bull” and traders who have positions on purchase, refer to as “bulls”.

Dealer (the Dealer, Forex the dealer)
The person working in bank and performing the same work, as the broker. The dealer, however carries out not only work on clients of bank, but also on bank.

Forex (Forex). Foreign Exchange
Vnebirzhevaya structure owing to which there is an opportunity to buy and sell currency on contractual exchange rate for the stipulated date. For majority FX of contracts (about 90 % of all market) there is no physical delivery of currencies.

Forward Contract
The forward contract. The contract, opened by two parties(sides) which agree the future deliveries of the certain currency and to the sum at the price of the agreement. Standard the forward-periods: 1-2-3 weeks; 1-2 months; 18 and 24 months.

Futures (Future)
The forward contract standardized by a stock exchange.

High (Ceiling price)
The highest price which was during the given time interval (tajmfrejma on schedule Forex).

Leverage (the Shoulder, Gearing)
The credit “lever” Forex given by broker firm or bank. For interbank dealing standratnym the level of credit “lever” considers 20-50 times. For Forex broker firms the size of credit “lever” varies from 2 up to 200.

IMM the International Monetary Market of the Chicago Commodity exchange (IMM)
The biggest in the world the market of foreign currencies and the future tenders of Eurodollar and Eurocurrencies.

Intervention (Intervention)
Participation of the Central Bank during monitoring the prices in the foreign exchange market.

Liquid market (Liquidity, likvinyj the market)
The market on which transaction are numerous and are done(made) easily. The big number of buyers and the sellers always ready to trade, do(make) the market liquid. Market Forex the most liquid market.

Long
Position on purchase. The same as Buy. the “Long” position in market Forex.

Low
The lowest price which was during the given time interval (tajmfrejma schedule Forex).

Margin (Marzha)
The sum of the deposit of the trader of broker firm or bank for work on Forex, covering risk of losses from transaction.

Margin call
The message, submitted to the trader through the terminal or a call from broker firm or bank that it(he) has added means on marzhinalnyj the account(invoice) for a covering of losses from adverse movement of the price in market Forex. Arises, when the trader has lost a part of the deposit, and the remained means do not suffice for continuation of work on Forex.

Offset
Indemnification for leaving(care) from an existing position. Forex the brokers playing on long positions, speak - to liquidate a position, playing on short positions - to cover.

Open Interest (the Open interest)
Future contracts which are not paid yet. Open interest it is equal to the general(common) number of long or short positions, but not to their combination.

Overbought (Perekuplennost)
The period used for expression of opinion, that the prices on Forex have raised(increased) too highly and too quickly, hence there will be a drop in prices. Literally - Forex it is bought up.

Oversold (Pereprodannost)
Similarly “overbought” except that the price on Forex falls too low and too quickly and, possibly, there will be a recoil of the prices upwards. Literally - Forex it is resold.

Pip (Item(Point))
The size of the price used in the market of currencies Forex, equal to one item(point) (point).

Paper Trading
Trade in the securities, not being trade in the present(true) money.

Position (Position)
The open contract specifying interest in market Forex, long or short.

Quotation Forex
Quotation Forex. A real price on bid or on ask.

Rally
Movement of the price on Forex upwards.

Resistance
The line of resistance constructed on schedule Forex not less than for two ceiling prices

Short
Position on sale on Forex. Similarly Sell. the “Short” position.

Overnight
Overnight - occurs(happens), when the transaction on Forex does not come to the end for executions(performances) spot, a passes next day.

Spread (Spred)
Difference between by purchase and sale (between bid and ask) in market Forex.

Spot Contract
The contract between two parties(sides) which agree immediate transfer of the certain currency for the sum on a contractual price. In SPOT FX calculations are made between two bank accounts(invoices) in a payday (as a rule, 2 bank days from the moment of the conclusion of the contract).

Spot Rate
The interest rate during action spot a rate on a mutual exchange between two currencies.

Square
The person whom the position is neither on a long position, nor on short, not having the open contracts on Forex. Literally - “square”.

Stop Order
The warrant which becomes market order when the price for schedule Forex reaches(achieves) the level specified in the given warrant. These warrants often place with intention to limit losses (stop loss) or are used for reception of profit (stop profit).

Support
The line of support constructed not less than on two floor prices of schedule Forex.

Swap (Swap)
The payment which is raised from the trader or is charged to it(him) for carry of a position on Forex next day. Its(her) size depends on a level of interest rates in the countries, on whose currency on Forex the trader has a position. In international bank currency market Forex, the contract put into operation by two parties(sides) to translate(transfer) the sum of money in one currency in the sum of money in other currency in established(installed) intervals or according to other established(installed) conditions. Usually occurs(happens) at carry of the open спот-position next trading day in night.

Tick
The quotation which was formed owing to fulfilment of the transaction of sale and purchase in market Forex.

Tick Volume
Quantity(Amount) of transactions for the established(installed) period of time on Forex. Alternative to usual volume.

Trader
The person working on or on the company, as speculator Forex.

Trading Range (the Trading range)
When the price for schedule Forex is between a level of support and a level of resistance.