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Currency

Margin account

A leverage account enables traders to purchase assets on credit and borrow against the currencies held in the account. However, the terms and conditions for credit and borrowing are determined by the firm managing the account. Interest is applied only on the amount borrowed and for the duration of the loan.

FX

Foreign exchange, also known as forex or FX, refers to the conversion of one currency into another. It is a vital aspect of international trade and finance, as countries wit...

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Tomorrow Next (Tom/Next), (T/N), T/N Roll

In the world of finance, we often encounter terms like "value date" and "open position". But have you ever wondered about the process of moving the settlement value date? Th...

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Yard

In the world of finance, there exists a term that refers to one billion units of currency - "B". This slang word is commonly used in the currency industry, and is derived fr...

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Rate

This can also be referred to as the exchange rate. A vital concept in finance is the currency exchange rate, which refers to the price of one currency in terms of another co...

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