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Currency

Price

The purchase or sale rate of the underlying currency is known as the strike price. This is the agreed upon price at which the currency can be bought or sold. It serves as a reference point for determining the profitability of a currency option. Understanding the concept of strike price is crucial in navigating the world of finance and making informed decisions in currency trading.

Closing a position

Foreign exchange transactions involve buying and selling currency. When a position is closed, it means that the trade has been completed and the currency has been exchanged....

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FX

Foreign exchange, also known as forex or FX, refers to the conversion of one currency into another. It is a vital aspect of international trade and finance, as countries wit...

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Execution

In the world of finance, the process of completing an order or deal is known as settlement. This involves the transfer of funds or assets from one party to another, typicall...

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Sell Limit order

In the world of finance, we often come across the term "limit order". This refers to a type of order that is placed for a transaction to be executed only at a specific price ...

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