T
| T-Bill
Short for Treasury Bill. |
| Take Profit Order
An order to buy or sell a currency pair which, when executed, would result in a realizing a profit on all or a portion of an open trade. For example, if a trader is long 1 lot of EURUSD at 1.3500 and has a take profit order set at 1.3510, if the market goes to 1.3510 his take profit order will be executed for a 10 pip or $100 profit on his 1 lot trade. |
| Terms of Trade
The ratio between export and import price indices. |
| Theta
A measure of the sensitivity of the price of an option to a change in its time to expiry. |
| Thin Market
A market in which trading volume is low and where the bid and ask quotes are wide. In a thin market, the liquidity of the instruments traded are low. |
| Tick Volume
A measurement of trading activity that represents the size of the contract. |
| Transaction Cost
The cost at financial instrument or security is bought or sold. |
| Transaction Exposure
Potential profit and loss generated by current foreign exchange transactions |
| Turnover
The total money value of all carried out transactions during a given time period. |
| Two – Way Price
An example of a two-way price would be EURUSD at 1.3600/1.3602. It is a quote in the foreign exchange market that indicates a bid and an offer. |
| 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 |
Don’t invest in more currency sets before you have accumulated
a much better understanding of Forex.
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