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A
Accrual accumulative interest calculation: the accumulation of interest and discounts generated by swap deposit (arbitrage) transactions in forward foreign exchange transactions.
Adjustment Policy adjustment: Government behavior, generally manifested as changing domestic economic policies to deal with imbalances in payments or adjusting the country's exchange rate.
Analyst: A person who analyzes company data, economic data, or price charts to make trading recommendations.
Appreciation Appreciation: The increase in the price of a country's currency due to increased market demand is called "appreciation".
Arbitrage: It refers to buying or selling an investment product while reversely trading the same amount of positions in the relevant market, so as to take advantage of the small price fluctuations between different markets.
Asian central banks: Asian central banks are private non-profit monetary and financial institutions chartered by the public authorities of Asian countries or regions. They have the characteristics of both intergovernmental organizations and non-governmental organizations. bank.
Asian session Asian Market: 23:00 – 08:00 (Tokyo).
Ask/Offer Price Maker's selling price (retail buyers): refers to the price at which the market is ready to sell a certain product.Two-way quotes with "buy/ask" prices.The dealer's selling price is also called the retail investor's buying price.In foreign exchange trading, it means that traders can buy the base currency at this price, which is the number on the right side of the quotation.For example: EUR/USD quotation is 1.0762/64, the base currency is Euro, and the dealer's selling price is 1.0764, which means you can buy 1.0764 Euro with 1 US dollars.
AUS200: Australia's S&P 200 index.
At Best best price transaction: an order for traders to buy at the lowest price or sell at the highest price.
At or Better This or a better price transaction: an order to trade at a certain price or a better price.
Aussie: Also known as "Oz" or "Ozzie" for the "Australian dollar/dollar" currency pair.
B
Balance of trade: The difference between a country's exports minus its imports.
Bar chart: A type of foreign exchange chart that has 4 important components: the highest and lowest prices that make up the vertical height and the opening price (shown as a short horizontal line to the left of the vertical line) and closing price (shown as a dash to the right of the vertical line).
Barrier option Barrier option: The main function of this option is to automatically form other buying and selling options when interference occurs, and the degree of change in the standard of financial options is very peculiar.Once the price of the senior guaranteed bond reaches a significant level, this barrier option becomes quite active or disappears.
Base currency Base currency: refers to the previous currency in the currency pair.Quotations are usually expressed as how much one unit of the base currency is worth in other currencies.For example, if USD/CHF=0.9720, it means that 1 US dollar (the base currency) is worth 0.9720 Swiss francs.In the foreign exchange market, the U.S. dollar is usually placed at the top of a currency pair as the "base currency" of a quotation, that is, how much other currencies are quoted as the value of 1 U.S. dollar.Exceptions are GBP, EUR and AUD (they usually have the U.S. dollar last in their exchange rates against the U.S. dollar).
Base rate Basic interest rate: It is an interest rate with a general reference effect in the financial market, and other interest rate levels or financial asset prices can be determined based on this basic interest rate level.
Basing plateau: Refers to the period in which the trading price of stocks, etc. changes little or even stays the same.
Basis point: A unit of measurement used to describe the smallest change in product prices.
Bearish/Bear market Short market/bear market: unfavorable price trend, leading to a downward trend in the market is called a bear market, because bears represent pessimists on Wall Street.A bear market is the opposite of a bull market.It is said that when a bear takes action to attack or attack others, the bear's eyes will look down, so the bear market is used as a metaphor for falling.For example, "We are bearish on EUR/USD", which means we think the EUR/USD will fall.
Bears Bears: A bearish market, a trader who believes that prices will fall and takes a short position.
Bid Price: The price at which the market is preparing to buy a product.Two-way quotes with "buy/ask" prices.In foreign exchange trading, the bid price indicates the price at which the trader can sell the base currency and is located to the left of the currency pair quote.For example: EUR/USD 1.0762/64, the base currency is Euro, and the bid price is 1.0762, which means you can sell 1.0762 Euro at 1 USD.
Bid/ask spread Buy/ask spread: The difference between the buying and selling prices.
Big figure: Refers to the first two or three digits of foreign exchange quotations.For example, if USD/JPY is quoted at 120.06/08, 120 is the majority.Likewise, EUR/USD is quoted at 1.0762/64, with 1.07 being a large number.Since most parts of exchange rates are usually less volatile, traders often omit them when quoting verbally. The EUR/USD quotation is 1.0762/64, and the general oral quotation is read as "62/64".
BIS Bank for International Settlements: a syndicate formed by the central banks of Britain, France, Germany, Italy, Belgium, Japan and other countries, Morgan Bank representing the interests of the US banking industry, Citibank of New York and Chicago, established in May 1930 according to the Hague International Agreement co-founded and headquartered in Basel, Switzerland.It is an international organization dedicated to international monetary policy and fiscal policy cooperation, composed of central banks of more than 5 countries.
Black box Black box: Refers to the trading strategy designed in advance, and then compiled into a computer program, using the computer to execute the trading strategy conceived by the human brain. This strategy is based on past price movement laws, chart patterns or signals or fundamentals It can be a trend following mode, a counter trend mode, or other trading modes such as cycles, which determine the timing, price and quantity of trading orders.
Blow off Rapid price rise followed by a fall, bubble top: Equivalent upside from capitulation selling.That is, the shorts admit defeat and cover the remaining short positions.
BOC: Bank of Canada.
BOE: Bank of England.
BOJ: Bank of Japan.
Bollinger bands Bollinger Bands: A tool used by technical analysts.The channel draws two standard deviations on either side of the moving average and is often used to indicate support and resistance levels.
Bond bond: It is a debt investment. Investors borrow money from entities (companies or governments) that need funds at a specific interest rate and period. Investors can obtain a certificate, that is, a bond, which specifies the interest rate available to investors ( coupon) and the date on which the funds will be repaid (maturity date).
Book: In a professional trading environment, a book is an overview of all positions held by a trader or trading desk.
British Retail Consortium (BRC) shop price index British Retail Consortium shop price index: A measure of inflation by surveying different retailers.The indicator only measures changes in the prices of goods purchased at retail stores.
Broker: Refers to a person or company acting as a middleman who has a relationship with buyers and sellers for the purpose of charging fees or commissions.In contrast, "traders" manipulate funds and open long or short positions, hoping to close out the position in a subsequent transaction with another party to earn a spread (profit).
Buck: Market jargon used to refer to 100 million units of the US dollar base currency pair or as a collective name for the US dollar.
Bullish / Bull market Bullish market / bull market: support the market strength and prices.For example: "We are bullish on EUR/USD" This statement means that we think EUR/USD will rise.Investors are optimistic about the market and expect that the market price will rise, so they buy when the price is low, and then sell when it rises to a certain price to obtain differential income.Generally speaking, people usually refer to a market that maintains an upward momentum for a long time as a bull market/bull market.The main feature of bull market changes is a series of big rises and small falls.
Bulls: A trader who expects prices to go up and takes a long position.
Bundesbank Deutsche Bundesbank: Germany's central bank.
Buy: also known as "doing long", refers to buying a certain currency, which is bullish.
Buy dips Buying at low prices: Waiting for a callback trend with a 20-30 point increase, which belongs to staged trading.
C
Cable GBP/USD: Industry term for GBP/USD.It's called "Cable" (which means cable in English) because exchange rates were originally transmitted via Atlantic cables in the mid-19th century.
CAD Canadian Dollars: Also known as Loonies or Funds.
Call option: A currency trade that seeks the interest rate differential between two countries.Traders obtain the interest rate difference between the two countries during the duration of the transaction by selling a low-interest currency and buying a high-interest currency.
Canadian Ivey Purchasing Managers (CIPM) index Canadian Purchasing Managers (CIPM) Index: A monthly index published by the Richard Ivey School of Business to observe Canadian business climate.
Candlestick chart: A chart that marks the day's trading range, opening price, and closing price.If the opening price is higher than the closing price, the rectangle between the opening and closing prices is filled.If the closing price is higher than the opening price, the chart area is hollowed out.
Capitulation Surrender selling: At a certain point in time when the extreme market ends, traders with loss-making positions close their positions.This situation often signals that an expected reversal is imminent.
Carry trade: A trading strategy in which one currency with a relatively high interest rate is long and another currency with a lower interest rate is shorted to earn the interest rate difference.Example: NZD/JPY was a well-known carry trade for a period of time.The New Zealand dollar is a high-yielding currency, while the Japanese yen yields lower.A trader looking to take advantage of this spread would buy NZD and sell JPY, or go long NZD/JPY.If the NZD/JPY downtrend persists for an extended period, most likely due to changes in interest rates, the carry trade is said to be "unwinding".
Cash market: The market in the actual underlying market on which the derivatives contract is based.
Cash price Spot price: The price of the product for immediate delivery, that is, the price of the product at that moment.
CBs: Abbreviation for Central Bank
Central bank: A government or quasi-government organization that manages a country's monetary policy.For example: the U.S. central bank is the Federal Reserve Bank, and the German central bank is the Bundesbank.
CFDs: A contract for difference is a type of financial derivative that shows changes in the value of an underlying asset, such as an index or stock.It allows traders to leverage their funds (by trading notional amounts that are substantially higher than account funds) and provide traders with full product benefits without actually owning securities trading products.In practice, if you buy a CFD trade for $10 and sell it for $11, you will get a $1 spread benefit.Conversely, if you short the trade and sell it for $10 and then buy it back for $11, you will pay a difference of $1.
Chartist: A person who uses charts, graphs, and interprets historical data to find price trends and predict future movements.
Choppy Disorder: Short-lived price action with limited follow-through that is not conducive to aggressive trading.
Cleared funds: Funds that can be used to clear a transaction at any time.
Clearing: The process of closing a transaction.
Closed position: The exposure to a financial contract (such as a currency) no longer exists.Closing a position is accomplished by offsetting the open position with a reverse equivalent trade.Once a position is closed, the position is "closed out".
Closing: The process of stopping (closing) an existing transaction by performing the exact opposite of the opening transaction.
Closing price Closing price/closing price: The price at which the product position is closed.Also refers to the price of the last transaction in a day's trading session.
Collateral: An asset committed to secure a loan or guarantee performance.
Commission: A fee charged for buying or selling a product.
Commodity currencies: Currencies of economies whose exports are heavily dependent on natural resources; often specifically Canadian, New Zealand, Australian, and Russian currencies.
Components: USD currency pairs that make up the cross (for example: EUR/USD component is USD/EUR+USD/JPY).Selling a cross by component means alternately selling USD currency pairs to create a cross position.
COMPX: stands for NASDAQ Composite Index.
Confirmation: A communication between parties to a transaction that sets out the terms of the transaction in question.
Consolidation: A range-bound market for a period of time after a large price movement.
Construction spending data: The U.S. Department of Commerce's Census Bureau releases data once a month to measure new construction spending.
Contagion: The tendency for an economic crisis in one market to spread to other markets.
Contract contract: the standard unit of foreign exchange transactions.
Contract note: A delivery confirmation outlining the exact details of a transaction.
Contract size Contract size: the nominal amount reflected in the CFD.
Controlled risk: A situation in which risk is limited by the placement of a guaranteed stop loss.
Convergence of MAs Moving Average Convergence: A technical observation that describes moving averages moving closer to each other over different periods of time. Usually, this situation indicates a price consolidation market.
Corporate action: An event that changes the ownership structure (and usually the price) of a stock.For example, acquisitions, dividends, mergers, stock splits, and spin-offs are all corporate actions.
Corporates: Companies entering the market for the purpose of hedging or financial management.Companies are not always as price sensitive as speculative funds are, and their investment interests are fairly long-term, making them less valuable for short-term trades.
Counter currency Relative currency: the latter currency in the currency pair.
Counterparty: A party involved in a financial transaction.
Country risk Country risk: Risks associated with cross-border transactions, including but not limited to legal or political situations.
CPI: A measure of inflation, short for Consumer Price Index.
Crater's down: The market is preparing for a sharp sell-off.
Cross (eg Yen cross): A currency pair that does not contain the U.S. dollar.
Crown currencies Crown currency: Refers to the Canadian dollar, Australian dollar, British pound and New Zealand dollar (all are the currencies of the Commonwealth of Nations).
CTAs: Refers to commodity trading advisors (commodity trading advisors), speculative traders who behave similarly to short-term hedge funds, often referring to traders or futures-oriented traders based in Chicago.
Currency: Any form of money issued by a government or central bank that is used as legal tender or as a basis for transactions.
Currency Pair Currency pair: Two currencies that make up the foreign exchange rate.For example, EUR/USD (Euro/United States Dollar).
Currency Risk Exchange rate risk: the risk caused by the reverse change of exchange rate.
Currency symbols: A 3-letter symbol representing a particular currency, such as USD (US dollar).
Current Account Current Account: Total trade balance (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid funds).Among them, the total trade balance is the core element of the current account.
D
Day Trader (short-term trader): Refers to speculative traders who generally close positions on the same day to make a profit in the commodity market.
Day trading: Opening and closing a trading position of the same product within one day.
Deal: A term that indicates that a transaction is executed at the current market price.For real-time transactions, as opposed to orders.
Dealer: An individual or company that acts as a party or market maker to a transaction.The market maker, as one party to the position, profits from the spread (profit) by liquidating the other party's trading position.In contrast, brokers are intermediaries or intermediary companies that make money by earning commissions or transaction fees from traders.
Dealing spread: the difference between the contract buying and selling prices.
Defend a level: An action taken by a trader or group of traders to prevent a product from trading at a certain price or price region, usually because they have a vested interest in it, such as a barrier option.
Deficit deficit: Simply put, spending is greater than income.
Delisting Delisting: Stocks listed on the exchange are delisted.
Delivery delivery: The two parties to a foreign exchange transaction actually exchange currencies according to the contract.
Delta (the fourth letter of the Greek alphabet. It is capitalized as Δ and lowercased as δ): The ratio between the change in the price of a product and the change in its underlying market price.
Department of Communities and Local Government (DCLG) UK House Price Data: Published by DCLG's monthly survey, it uses extensive data on sold homes to monitor price trends in the UK property market.
Depreciation exchange rate decline: currency price decline caused by market reasons.
Derivative Financial Derivatives: Contracts whose value changes with changes in the price of related or underlying stocks, futures or other investment instruments.Options are the most common derivatives.
Devaluation: The deliberate devaluation of a country's currency, usually by a government.
Discount Rate: The interest paid by qualified depository institutions to the central bank for borrowing short-term loans directly from the central bank.
Divergence divergence: In technical analysis, the price trend is opposite to the kinetic energy momentum, such as the price rises while the momentum falls.Divergences are divided into positive divergences (bullish divergences) and negative divergences (bearish divergences); both mark a change in price direction.A positive/bullish divergence occurs when a security market price makes new lows and momentum indicators start to climb.Negative/bearish divergence occurs when the security market price makes a new high, but the indicator fails to follow up and falls instead.Divergences are frequently seen when price action is excessive, often ending with price reversing in direction and following a momentum indicator.
Divergence of MAs Moving average divergence: A technical observation method that describes the moving averages moving away from each other in different time periods, usually predicting price trends.
Dividend: The amount of company profits distributed to company shareholders, usually expressed in value per share.
DJIA or Dow (DJIA or Dow): Abbreviation for Dow Jones Industrial Average or US 30 Index.
Dove: A dove refers to data or policy views that imply looser monetary policy or lower interest rates, as opposed to a hawk.
Downtrend Downtrend: Price action consists of lower lows and lower highs.
DXY$Y: represents the U.S. dollar index.
E
European Central Bank (ECB): The central bank of the new European Union.
Economic Indicator Economic indicators: data released by the government or authoritative organizations that can show the current speed and stability of economic development.Common economic data include: employment rate, gross domestic product (GDP), inflation level, retail sales, etc.
End Of Day Order (EOD): An order to buy or sell a currency pair at a certain price.The validity period is before the market closes on that day (generally 5:XNUMX pm EST).
EST/EDT: New York time zone, which means Eastern Standard Time/Eastern Daytime Time.
ESTX50: A designation for the Euronext 50 index.
EURO: Euro zone currency.
European Monetary Union (EMU) European Monetary Union (EMU): Collective term for the policy mix aimed at regulating economic and fiscal policies among EU member states.
European session European session: 07:00 – 16:00 (London time)
Eurozone Labor Cost Index Eurozone Labor Cost Index: An annual rate index that monitors the inflation level of compensation and benefits received by domestic workers, which is considered the main driving force behind the overall inflation level.
Eurozone Organization for Economic Co-operation and Development (OECD) Leading Indicator Eurozone Organization for Economic Co-operation and Development (OECD) Leading Indicator: An indicator published monthly by the Eurozone Organization for Economic Co-operation and Development (OECD).It measures a country's overall economic conditions by combining ten leading indicators (average weekly working hours, new orders, consumer expectations, building permits, stock prices and interest rate differentials, etc.).
EX-dividend Ex-dividend: A form of stock purchase in which the buyer forgoes the next dividend and assigns the interest to the seller.
Expiry date / price Expiry date / price: the exact date and time the option will expire.The two most common option expiration times are 10:00am Eastern Time (also known as 10:00 New York Time or New York Time) and 3:00pm Tokyo Time (also known as Tokyo Time 15:00 or Tokyo Time) .These periods often see heightened market activity due to hedging unwinding in the spot market.
Exporters: Companies that sell goods worldwide, which in turn makes them sellers of foreign currency as well as buyers of their own currency.Often refers to large Japanese companies such as Sony, Toyota, which are natural sellers of USD/JPY, exchanging dollars for the sale of goods worldwide.
Extended: The market is considered to be moving too fast.
F
Factory Orders Factory Orders: The total value of durable and non-durable goods orders in US dollars.Deeper than Durable Goods Orders, which are published earlier each month.
Fair value Fair value: The difference between the derivative contract price and the underlying spot market price.Fair value means that there are no arbitrage opportunities between the two prices.
Fed Federal Reserve: Refers to the Federal Reserve Bank of the United States, the Central Bank of the United States or the Federal Reserve Policy-making Committee FOMC (Federal Open Market Committee).
Fed officials: Members of the Board of Governors of the United States Federal Reserve or presidents of regional Federal Reserve Banks.
Figure / The figure: Refers to the "00" number part in a quotation such as 03-1.2600 (03-00), which can be read as "figure-3".If someone sells at 1.2600, a trader can say "the figure was given" or "the figure was hit".
Fill transaction: The situation in which the order is fully executed.
Fill or kill All transactions or cancellation: If all transactions cannot be completed, the order will be cancelled.
First In First Out (FIFO) First In First Out Principle (FIFO): All open positions are closed according to the "first in first out" principle.That is to say, for all open positions of a certain currency pair, the positions will be closed according to the order of opening positions, the positions held first will be closed first, and the positions held later will be closed.
Fix Fix: An operation in which a large amount of foreign exchange must be bought or sold to execute a commercial customer order, and there are about five fixes in a foreign exchange trading day.Typically, these fixes cause associated market volatility.The regular ordering time is as follows (all in New York time):
5:00am - Frankfurt
6:00am - London
10:00am —— WMHCO World Market Trading Company
11:00am - WMHCO (World Market Trading Corporation), more important
8:20am —— IMM (World Money Market)
8:15am —— ECB (European Central Bank)
Flat or flat reading: Economic data readings are at the same level as the previous period, with no change.
Flat / square: A foreign exchange term used to indicate a position that has been settled in all reverse transactions.For example, if you bought $500,000 and then sold $500,000, the current position status is closed.
Follow-through: The emergence of new buying or selling interest following a directional breakout at a particular price level.A lack of follow-up generally means that the directional movement will not last or will reverse.
FOMC: Federal Reserve Open Market Committee, the policy-making committee for the Federal Reserve.
FOMC minutes FOMC Minutes: Written minutes of the FOMC policymaking meeting released 3 weeks after the meeting.Minutes provide insight into the FOMC's deliberations and can trigger a strong market reaction.
Foreign Exchange (forex, fx) Foreign exchange transaction: referred to as Forex or FX, refers to buying one currency and selling another currency at the same time.
Forward forward foreign exchange transaction: refers to the transaction in which both parties to the transaction establish the transaction exchange rate in advance and establish the contract based on the interest rate difference of the transaction currency, and the transaction will be actually delivered when it expires in the future.
Forward Points Forward Points: The number of points that need to be added or subtracted from the current exchange rate in order to calculate the forward exchange rate.
FRA40: The name of an index of the 40 largest listed companies (market capitalization) on the French stock exchange. The FRA40 Index is also known as the CAC 40 Index.
FTSE 100: UK 100 index name
Fundamental Analysis: An analysis of the economy and policy in order to distinguish the future price trend of an investment product.
Funds: A type of hedge fund that is active in the market; also another industry term for the USD/CAD currency pair.
Future Futures: A contract between two parties to execute a transaction at a current agreed price at a specific time in the future.
Futures Contract: A standard contract in which both parties agree to deliver a certain commodity or investment product at a certain time in the future at an agreed price.The basic difference between futures and forward transactions is that futures are generally traded on futures exchanges (exchange-traded contracts, referred to as ETC), while forward transactions are over-the-counter (OTC).Over-the-counter (OTC) refers to any transaction that takes place on a venue other than an exchange.
transactions made.
G
G7 Group of Seven: The world's seven largest industrial countries, namely the United States, Germany, Japan, France, the United Kingdom, Canada and Italy.
G8 Group of Eight: Group of Seven plus Russia.
Gap / Gapping: A sharp move in the market where the price skips multiple levels without any trade.Gap situations often occur after economic data or news releases.
Gearing (also known as leverage or margin) Leverage ratio (leverage or margin): Leverage ratio refers to the notional principal of the transaction exceeds the amount of funds required to be held in the trader's account.Expressed as a percentage or fraction.
GER30: An index of the 30 largest listed companies (market capitalization) on the German stock exchange, another name for the DAX index.
Given Sell: Refers to a bid price being accepted or a selling interest occurring.
Giving it up Giving way: The level of technology is lost in the struggle.
GMT: stands for Greenwich Mean Time, the most commonly referenced time zone in the foreign exchange market.In contrast to Daylight Saving Time/Daylight Saving Time, GMT remains constant throughout the year.
Going Long: The action of buying stocks, futures, and currencies for investment or speculative purposes.
Going Short: refers to the action of selling currency, securities or other investment products without holding currency, securities, etc.
Gold (Gold's relationship) Gold (gold relationship): It is generally believed that the price of gold moves in the opposite direction to the US dollar.Long-term correlation coefficients are negative most of the time, but shorter-term correlations are less reliable.
Gold Certificate Gold Coin Coupons: Gold investors use to buy or sell gold certificates of property rights. The characteristics are: no gold coins are minted, no gold coins are circulated, and paper coupons are actually circulated.
Gold Contract Gold Contract: The standard unit of gold trading is a gold contract.One gold contract = 10 troy ounces.
Good for day: An order that expires at the end of the day if it is not executed.
Good'Til Canceled Order (GTC) is effective until it is canceled (GTC): An order with a specified transaction price will remain valid until it is completed or canceled.
Good'til date Valid until expiration: An order type that expires if it is not executed by the selected date.
Greenback: Another name for the US dollar.
Gross Domestic Product (GDP): refers to the total value of goods and services produced by all economic activities of domestic enterprises or foreign-funded enterprises within a country. GDP reflects the speed of a country's economic growth (or recession), and is regarded as the most macroscopic indicator for observing economic output and growth.
Gross National Product (GNP): The total value of goods and services produced by all citizens in a country within a certain period of time.
Guaranteed order Guaranteed order: A type of order that protects traders from the impact of market gaps, and can guarantee that the order will be executed at a preset price.
Guaranteed stop Guaranteed stop loss: A stop loss order that guarantees that the position will be closed at the specified level if the market price reaches or exceeds the level you specify.This order type guarantees a stop loss even when the market gaps.
Gunning, gunned: Refers to an investor pushing to trigger a known stop or technical level of the market.
H
Handle large number: every 000 points starting from 100 in the foreign exchange market.
Hawk – hawkish hawks: When a country’s monetary policy makers think that interest rates need to be raised, they will be called “hawks”. Generally, raising interest rates is used to fight inflation or curb excessive economic growth, or both By.
Hedge Hedging: also known as hedging, refers to one or more positions established to reduce the risk of holding positions.
"Hit the bid" transaction at the price: refers to the promise to sell at the reached selling price or buy at the buying price.
HK50/HKHI: Hong Kong Hang Seng Index.
I
Illiquid Illiquid: Market volume is low.Lack of liquidity often brings volatile market conditions.
IMM International Money Market: The International Money Market, the Chicago-based currency futures market, is a component of the Chicago Mercantile Exchange.
IMM futures International Money Market (IMM) Futures: Traditional futures contracts based on major currencies against the US dollar. IMM futures trade on the Chicago Mercantile Exchange.
IMM session International Money Market (IMM) trading hours: 8:00am – 3:00pm New York time.
INDU: Abbreviation for the Dow Jones Industrial Average.
Industrial Production: A measure of the real output of manufacturing, mining, and utilities, based on quantities rather than dollars.It is very sensitive to economic development or contraction, and is a leading indicator reflecting employment status and income status.
Inflation Inflation: specifically refers to an economic form in which prices rise and consumers' purchasing power declines.
Initial Margin Initial Margin: The funds initially deposited as a guarantee for the establishment of positions.
IPO: Initial public offering of stock by a private company, short for initial public offering.
Interbank Rates Interbank Rates: Mutual foreign exchange quotes between large multinational banks.
Interest Interest: A cash adjustment that reflects the impact of owed or received on the notional asset value of a CFD position.
Intervention Currency intervention: The central government intervenes in the market to control currency prices.Joint intervention refers to the behavior of several central banks jointly controlling the exchange rate.
Introducing Broker Broker:
INX: Represents the S&P 500 Index
ISM Manufacturing Index "Institute for Supply Management" Manufacturing Index: An index that evaluates the situation of the manufacturing industry in the United States, and measures the overall situation of the manufacturing industry through investigations of future production conditions, new orders, inventories, employment and deliveries.Values above 50 represent the state of expansion, and below 50 represent the state of contraction.
ISM Non-Manufacturing "Institute for Supply Management" non-manufacturing index: In addition to the manufacturing index, the service industry outlook survey index that accounts for the other 80% of the US economy.The numerical value also takes 50 as the dividing line, above 50 indicates the state of expansion, and below 50 indicates the state of contraction.
J
Japanese Economy Watchers Survey: A measure of confidence in direct service industries such as waiters, drivers and beauticians.A reading above 50 is good.
Japanese Machine Tool Orders Japanese Machine Tool Orders: The total value of new orders from machine tool manufacturers.Machine tool orders are an indicator of machine manufacturing demand and a leading indicator of future industrial production.A strong performance means that manufacturing is doing well and the economy is expanding.
JPN225: Nikkei
K
Keep the powder dry Be prepared just in case: Restrict transactions in harsh trading conditions.Whether it's a volatile or tight market environment, it's best to stay on the sidelines until a clear market opportunity emerges.
Kiwi: Another name for the New Zealand dollar.
Knock-ins: An option strategy that requires the underlying product to trade at a certain level before the purchased option becomes effective.The knock-in option is used to reduce the additional cost of the underlying option, and once the option becomes effective, hedging behavior can be triggered.
Knock-outs: An option that invalidates a previously bought option when the underlying product trades at a certain level.Once traded at the lapse level, the underlying option no longer exists and the hedge may have to be unwound.
L
Last dealing day Last dealing day: The last date on which a particular product can be traded.
Last dealing time Last dealing time: The last time a particular product can be traded.
Leading Indicators Leading Indicators: Data used to predict future economic activity.
Level: A price area and specific price that is technically significant or based on quoted order/option interest.
Leverage leverage: also known as margin, refers to the increase in the total amount of transactions that can be compared with the amount of your actual funds, expressed in percentages or fractions.It allows traders to trade notional amounts that greatly exceed their actual capital.For example, a leverage of 100:1 means that the notional principal you can trade is 100 times your account funds.
Leveraged names Leveraged traders: short-term traders, mostly referring to hedge fund groups.
Liability: Potential loss, liability or financial obligation.
LIBOR: London Interbank Offered Rate, the interbank lending rate.
Limit order Take profit order: If you want to trade a currency pair at a better price than the current price (the selling price is higher than the current price, and the buying price is lower than the current price), you can achieve it by setting a stop profit order.For example, if the current exchange rate of USD/JPY is 120.28/30, the take profit order can be set to buy USD/JPY below 120 (for example, 119.50).
Liquid market A market with sufficient liquidity: a market with sufficient buyers and sellers that can bring smooth price movements.
Liquidation liquidation: the act of liquidating a position by reverse trading a position equal to the open position.
Liquidity: The ability of a market to accept large transactions without or minimally affecting price stability.
London session London Market: 08:00 – 17:00 (London)
Long position: A position that appreciates as the price rises.When buying the base currency of a currency pair, the position held is a long position.
Longs Long: A trader who buys a product.
Loonie: Industry slang for USD/CAD.
Lot: The unit that represents the number of transactions.The total value of the transaction varies with the size of the lot.
M
Macro Macro Trader: The longest-term trader who makes trading decisions based on fundamental analysis.A "macro" trader can hold positions for anywhere from 6 months to many years.
Manufacturing Production Manufacturing Production: The total output value of the manufacturing sector in industrial production.Only the output values of 13 sub-sectors directly related to manufacturing are counted.Manufacturing accounts for about 80% of the total industrial production.
Margin Margin: Investors are required to deposit funds at the dealer as a margin for a position.
Margin Call: When the exchange rate fluctuates in reverse and the deposited margin cannot maintain the position, the broker or dealer will issue a margin call to the investor, requiring the investor to deposit a certain amount of margin to maintain the position.
Market capitalization Market capitalization: The total value of listed companies, which is equal to the stock price multiplied by the number of issued shares.
Market Maker: Also known as a banker or a market maker, in layman's terms, a trader who holds inventories of financial products and promises to maintain the two-way trading of these financial products.
Market order: An order to buy or sell at the current price.
Market Risk Market risk: the risk brought about by changes in market prices.
Mark-to-Market: A valuation method that re-evaluates the value of all open positions based on current market prices.The adjusted value will determine the amount of margin required.
Maturity: The delivery date or validity period of a financial product.
Medley report: Refers to Medley Global Advisors, a market consulting firm with close ties to central banks and government officials around the world.Because they claim to have insider information from policy makers, their reports often cause currency market volatility.The accuracy of the reports has been erratic for a long time, but the market will still pay attention to them in the short term.
Models model: the same meaning as the black box.A system for automatic buying and selling based on technical analysis or other quantitative calculations.
MoM Monthly Growth Rate: An abbreviation for monthly growth rate, which reflects the change in January compared to the previous month's level for consecutive months.
Momentum momentum: A series of technical studies (such as: RSI, MACD, stochastics and momentum lines) that evaluate the speed of price changes.
Momentum players Momentum players: Traders who follow the intraday trend and try to gain 50-100 pips.
N
NAS100: A name for the Nasdaq 100 Index.
Net Position Net position: the value after subtracting the long position and short position held.
New York session New York market: 8:00am – 5:00pm (New York time).
No touch option: An option that pays the holder a fixed amount if the market does not touch a pre-set barrier level.
NYA.X: Represents the New York Stock Exchange Composite Index.
O
Offer (also known as the Ask price): The price at which products are sold in the market.Make bid/ask two-way quotes.The banker's selling price is also called the retail buying price.The bid price indicates the price at which traders buy the base currency on the right side of the currency pair.For example, in the quote of USD/CHF 0.9720/23, the base currency is the US dollar and the buying price is 0.9723, which means you can buy 0.9723 US dollar for 1 Swiss francs.
Offered Market: Calling a market an "offer" trade indicates that a currency pair is attracting significant selling interest or a large number of offers.
Offsetting transaction: A transaction made to offset the market risk of some or all of an open position.
On top: Intention to sell at the current market order price.
One Cancels the Other Order (OCO) Two-way order (OCO): refers to setting two orders at the same time. When one is executed, the other is automatically canceled.
One touch: An option that pays the holder a fixed amount if the market hits a pre-set barrier level.
Open order: an order that will be executed when the price reaches the specified target price.This is usually set to "valid until canceled".
Overnight Position: A position that is held until the next trading day.
Option: A financial derivative that gives traders the right but not the obligation to buy or sell a product at a specific price before a specific date.
Order: An instruction that requires a transaction to be completed at a specific price.
Order book: A system that displays the market capacity of traders willing to buy and sell at prices other than the existing optimal price.
Over the counter (OTC): Any transaction made somewhere other than an exchange.
Overnight position: A position that is held until the next trading day.
P
Paid payer: refers to the seller of market transactions.
Pair: Forex jargon for comparing one currency with another.
Paneled Selling Emerges: A fairly violent sell-off.
Parabolic parabolic market: The market fluctuates greatly in a very short period of time, and the trend accelerates in a similar semi-parabolic form.The direction of the parabola may be rising or falling.
Partial fill Partial transaction: Only part of the transaction is executed.