V
November 27th, 2009
1.
Valuation
The process of determining the value of an asset or company.
2.
Value Date
The settlement date for a currency contract, usually two business days. For USD/CAD it is one business day.
3.
Variation Margin
Funds, which are required to bring the equity in an account back up to the initial margin level, calculated on a day-to-day basis.
4.
Volatility
Measure of how much the price of a currency changes over time.
5.
Vostro Account
An account of a foreign bank held at a domestic bank where the foreign bank has no branches. It is used for cash management purposes. Vostro means yours in Latin. See Nostro Account.
forexglossary.com
