Statistics that are considered to predict future economic activity.
Also called margin. The ratio of the amount used in a transaction to the required security deposit.
The London Inter-Bank Offered Rate. Banks use LIBOR when borrowing from another bank.
An order with restrictions on the maximum price to be paid or the minimum price to be received. As an example, if the current price of USD/YEN is 117.00/05, then a limit order to buy USD would be at a price below 102. (ie 116.50)
The closing of an existing position through the execution of an offsetting transaction.
The ability of a market to accept large transaction with minimal to no impact on price stability.
A position that appreciates in value if market prices increase. When the base currency in the pair is bought, the position is said to be long.
A unit to measure the amount of the deal. The value of the deal always corresponds to an integer number of lots.