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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.

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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Quote currency

When we talk about currency pairs, we usually refer to the first currency as the base currency and the second currency as the quote currency. The quote currency is the one t...

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Ticker

A unique numerical identifier, assigned to either an initial position or a pending order. This identifier helps to keep track of the specific trade within a larger financial...

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Value date

The date on which the currency for settlement reaches its maturity is known as the maturity date. This typically takes place two business days after the trade has been execu...

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