Futures and Forex Glossary Dictionary E1

Government Monetary policy changes designed to increase spending by lowering interest rates or a small price decline in a currency’s value. Related Term: Federal Funds Rat

Announcements and press conferences by representatives of ECB’s governing council detailing decisions taken by them with respect to monetary policy. Related Term: Central Ban

Key statistics relating to the direction in which a country’s economy was headed. Example: Inflation, Unemployment rate. Related Term: Consumer Price Index (CPI), Gross Domestic Product (GDP), Unemployment Figures, Coincident Indicato

Inflation adjusted weighted average of a country’s currency relative to a basket of other major currencies or an index

Bid and offered rates being identical in the interbank Eurodollar deposit market.

Transferring funds between different bank account through the Automated Clearing House System.

Orders subject to the regulatory framework of the exchange offering the system and or listing the contract.

Transmission of futures trading information from one firm’s computer to another firm’s computer in electronic forma

A pattern recognition theory that propagates the view of currency prices following a pattern of five waves up and three waves down to form a complete cycle. Related Term: Technical Analysis

Valuation of the trader’s book at the close of each working day as opposed to accrual system which accounts for profit or loss only when realized

Section of a firm’s trading activity income statement detailing the way operating profit was realized

Ordinary stocks traded in an exchange.

Holder of a stock or financial security having an ownership interest. Related Term: Asset, Balance Sheet

Graphical representation of the value of an account during a particular time period.