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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.

Dow Jones Averages (DJA)

The Dow Jones Industrial Average, commonly referred to as the Dow, is a key measure of the stock market's performance. Developed by Charles Dow, the founder of the Dow Jones...

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Margin account

A leverage account enables traders to purchase assets on credit and borrow against the currencies held in the account. However, the terms and conditions for credit and borro...

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Hedged margin

In the world of finance, we often come across the term 'margin'. It refers to the monetary guarantee that a dealer requires from a client to maintain an open or locked posit...

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Crown Currencies

Commonwealth currencies are a group of currencies used in countries that were formerly part of the British Empire. Some examples include the Canadian Dollar (CAD), Australia...

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