Created by: Bagar
Number of Blossarys: 64
Order for a broker to buy the lot for fixed or lesser price or sell the lot for fixed or better price. Such price is called limit price.
The loss from closing long position at lower rate than opening or short position with higher rate than opening, or if the profit from a position closing was lower than broker commission on it.
Special trading instrument that allows financial speculation on stocks, commodities and other instruments without actually buying.
An exchange rate policy adopted by some countries wherein the national currency is largely pegged or fixed to a major currency such as the U.S. dollar or euro, but can be readjusted from time to time ...