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| Actuals |
The underlying assets or instruments that are traded in the cash market. |
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| Appreciation |
Describes a currency-strengthening in response to market demand rather than by official action. |
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| Arbitrage |
The simultaneous purchase and sale on different markets, of the same or equivalent financial instruments to profit from price or currency differential, the exchange rate differential or swap points. |
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| Ask |
The price at which the currency or instrument is offered. |
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| At-the-money |
An option contract with a strike price at (or very close to) the underlying rate; also, the closest strike price to the underlying rate.
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| Authorized dealer |
A financial institution or bank authorized to deal in foreign exchange. |
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| At Best |
An instruction given to a dealer to buy or sell at the best rate possible. |
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| At or Better |
An order to deal at a specific price or better |
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| Asset Allocation |
Investment practice that divides funds among different markets to achieve diversification for risk management purposes and/or expected returns consistent with an investor's objectives.
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| Ask size |
The amount of contract being offered for sale at the ask price |
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| All or None |
A limit price order that instructs the broker to fill the whole order at the stated price or not at all. |
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