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Ask
The price at which sellers are willing to sell a currency pair, also known as the ‘offer’, ‘ask price’, and ‘ask rate’.
Asian Option
An option that pays off according to the average prices of the underlying asset over time.
API Trading
Trading that is conducted through an Application Programming Interface. APIs, such as the one available for FXTrade, enable users to build custom trading functionality into their own software systems.
Adjustable Peg
Exchange rate regimen where a currency’s exchange rate is pegged (fixed) in relation to a stronger currency, such as the US dollar or the euro. The pegged rate is adjusted occasionally in an attempt to improve the country’s competitive position. For example, China’s yuan is sometimes pegged to the US dollar.
