A sincere Forex trader is always ready to grasp knowledge and know more about the business process they are involved into. For all those keen minds, here are few terms explained by experts offering Forex Solutions in Chandigarh to add to their business knowledge –
• Uptick – This term is used to designate a price quotation, which is recognizably higher than the preceding pricing quotation for the same set of currency.
• Uptick rule – This is the regulation to secure to be traded short, prior to the short trade the price of the trade should be lower than the current short trade price.
• U.S. Prime Rate – This rate of interest is lent to the clients by major banks on demand.
• Volume – The volume designates the count of the contracts and shares traded as per the security or an exchange during a certain period of time.
• Volatility – This term refers to the tendency of variables/prices to vary over time. It is one of the most commonly analyzed coefficients of variation. Higher the volatility, higher is the risk involved.
• Variation margin – It is a call to the broker to increase the margin requirement of an account at the time of highest market volatility.
Knowledge has the power to accelerate your business and always help you to achieve your goals with minimum efforts. So, add these terms to your business knowledge and have a profitable, safer, and wiser Forex trade.
0 comments:
Post a Comment