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Archive for the ‘Forex Glossary’ Category

Automated Trader

February 24th, 2010

A trader who uses an automated system to input trades without any human input.

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Authorized Dealer

February 24th, 2010

Depending on the regulatory body, a dealer authorized to deal in forex.

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Aussie

February 24th, 2010

Dealer slang for the AUD/USD currency pair.

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AUD/USD

February 24th, 2010

The abbreviation for the Australian dollar and U.S. dollar (AUD/USD) currency pair or cross. The currency pair tells the reader how many U.S. dollars (the quote currency) are needed to purchase one Australian dollar (the base currency) Trading the AUD/USD currency pair is also known as trading the “Aussie”.

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Asset Class

February 24th, 2010

An item that has value; an investment such as stocks, options, or forex.

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Asset

February 24th, 2010

An item that has value.

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Ask Rate

February 24th, 2010

See Ask.

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Ask

January 18th, 2010

The price at which sellers are willing to sell a currency pair, also known as the ‘offer’, ‘ask price’, and ‘ask rate’.

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Asian Option

January 18th, 2010

An option that pays off according to the average prices of the underlying asset over time.

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Arbitrage

January 18th, 2010

Profiting from differences in the price of a single currency pair that is traded on more than one market.

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