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FOMO

It stands for fear of missing out; broadly, it describes a situation where people get under pressure of the mere...

Hold on for Dear Life

A piece of advice that a holder of an asset (e.g., a currency, a crypto, etc.) should ignore what happens...

HODL

An abbreviation for hold on for dear life; a piece of advice that a holder of an asset (e.g., a...

All-Time High

The highest ever price a currency or crypto (coin) reaches up to a given point in time (usually, up to...

ATH

It stands for all-time high; the highest ever price a currency or crypto (coin) reaches up to a given point...

Cross Rate

An exchange rate for any pair of currencies other than the official currency of the country where the quoted rate...

Forex Wa’ad

A structure that bears resemblance to a conventional option (khiyar taqlidi). However, this structure uses wa'ad (promise) in a specific...

Dealing Desk Broker

A broker who doesn't route orders of retail traders to an electronic communication network (ECN). This type of broker executes...

Points Spot Delta

The ratio of the change in present value of an option with respect to the change in spot, where both...

Triggerable Power Reverse Dual Currency Note

A power reverse dual currency note (PRDC note) that has a knock-out feature, i.e., a discrete trigger whereby the structure...