A
| Accrual
The apportionment of premiums and discounts on forward exchange transactions that relate directly to deposit swap (Interest Arbitrage) deals , over the period of each deal. |
| Adjustment
Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate or. Adjustment-Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate or. |
| Appreciation
A currency is said to ‘appreciate’ when it strengthens in price in response to market demand. |
| Arbitrage
The purchase or sale of an instrument and simultaneous taking of an equal and opposite position in a related market, in order to take advantage of small price differentials between markets. |
| Ask (Offer) Price
The price at which the market is prepared to sell a specific Currency in a Foreign Exchange Contract or Cross Currency Contract. At this price, the trader can buy the base currency. In the quotation, it is shown on the right side of the quotation. For example, in the quote USD/CHF 1.4527/32, the ask price is 1.4532; meaning you can buy one US dollar for 1.4532 Swiss francs. |
| At Best
An instruction given to a dealer to buy or sell at the best rate that can be obtained. |
| At or Better
An order to deal at a specific rate o better. |
| A B C D E F G H I J K L M N O P Q R S T U V W X Y Z |
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Card descriptions as well as their locations are actually followed along with basic
and also short descriptions.
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