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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.

Initial margin requirement

Investors, when purchasing a new security, are required to pay a minimum portion in cash. This amount is known as the initial margin or down payment. It is a percentage of t...

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Floating profit/loss

In finance, unrecorded gains and losses refer to the unrealized profits or losses on open positions of a particular tool at current market rates. This is a crucial concept t...

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Currency

Money is a fundamental concept in the world of finance. It refers to any medium of exchange that is recognized and accepted by a government or central bank as a legal tender....

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EUR

The Euro, which is the official currency of the Eurozone, is denoted by the symbol €. This currency symbol is derived from the Greek letter epsilon (ε) with two parallel hor...

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