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Currency

FOREX

It is the largest financial market in the world with an estimated daily trading volume of $5 trillion.

The world of finance encompasses a vast array of terms and concepts, and one of the most important to understand is the foreign exchange market, commonly referred to as FOREX or FX. This market is where currencies from around the world are bought and sold simultaneously, making it a key player in the global economy. In fact, with a daily trading volume of approximately $5 trillion, it is the largest financial market in existence.

SONIA

SONIA, or the Sterling Overnight Index Average, is a key benchmark in the world of finance. It measures the overnight interest rate that banks pay for unsecured transactions...

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Base Currency

In the realm of finance, we often come across the term "base currency" when discussing currency pairs. In simple terms, the base currency is the first currency listed in a p...

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Quote’s feed

When discussing the world of finance, it is essential to understand the concept of quotations on securities. These quotations represent the current market value of a securit...

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Trader

A crucial player in the financial world, the market participant is an individual or entity that engages in business transactions with the goal of generating profit. They are...

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