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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.

Quoting

As a financial professional, one of our main responsibilities is to present our clients with accurate and timely quotes to facilitate their transactions. This involves gathe...

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USD

The US Dollar is represented by the currency symbol $. This symbol is used to denote the value of the American currency in international financial transactions. It is a wide...

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OCO-One Cancels the Other Order

When two orders are placed simultaneously, one to buy and one to sell, and the execution of one order results in the automatic cancellation of the other, it is known as an "...

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Non-client order

In the world of finance, we often come across the term "participant firm" which refers to a firm that has the privilege to trade on an exchange. These firms can make orders ...

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