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March 21, 2020

Forex

FOREX (foreign exchange) revolves around trading the foreign currency exchange in the over-the-counter market. It is where a given currency is converted to another. This market determines the exchange rate for pairs of currencies.

In terms of size, it is the larget market in the entire world (amounting to trillions of dollars per day). It is also the most liquid markeplace.

This section is dedicated to everything relating to FOREX: terms, definitions, concepts, abbreviation, and market techincalities.

Forex alphabetical:

Browse forex terms, concepts, and definitions, by letter, all alphabetically ordered for your convenience.

You may suggest a term, click here

Term of the Day:
  • Callable PRDC Note
    A power reverse dual currency note (PRDC note) that gives the issuer (a bank, for example) the right to call the structure (i.e., terminate it… Read more


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