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Currency

PIPS

Currency prices are subject to small fluctuations, which are measured in PIPS or percentage in point. PIPS represent the fourth decimal point of a price, typically equivalent to .0001. This may seem insignificant, but in the world of finance, even the slightest change can have a significant impact. To truly understand the intricacies of currency trading, it is important to grasp the concept of PIPS and their role in determining currency prices.

World Trade Organization(WTO)

The World Trade Organization (WTO) is a highly influential international government organization with over 120 member countries. Its primary objective is to regulate and imp...

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Buy Limit order

A limit order is a directive to carry out a financial transaction at a predetermined price or lower. This differs from a market order, where the transaction is executed imme...

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Instant execution

In the world of finance, it is common to encounter the term "quotes" in reference to trade systems. Essentially, a quote is the price at which a security or asset is current...

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Yard

In the world of finance, there exists a term that refers to one billion units of currency - "B". This slang word is commonly used in the currency industry, and is derived fr...

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