A comparison between Chinese and English commonly used foreign exchange words
Bears tend to bear market.
break through
Buy on dips.
Purchase purchase
Upper limit (trend) blocked
Merger merger
Inclusion restriction
Pay liquidation expenses
Daily chart (and so on)
Fresh options play a new option buyer.
GMT Greenwich mean time
high spot
H-range interval
Initial support level
intraday
In good condition and effective
Japan account Japan account
Hold (stop) setting (stop position)
Big stop loss, huge stop loss.
Ldn London
with many heads
Low point
Small probe is very small.
Overnight o/n
Overbuy
Oversold
Paired currency pair/exchange rate/exchange rate
Position position
Rebound and rebound
Resistance resistance potential
Retract and withdraw
Up, down, up.
Bypass the oversold area from the oversold area.
Sell into a strong strategy and sell on rallies.
short-seller
The bears started last night.
Square replenishment
Stall merging
stochastics
Stop position
Stop loss out
breakthrough
Maintenance price
Target bit
Test. Test.
Test a lower price.
Names of central banks and currencies.
dollar
Pound/Cable TV Pound
Yen/yen
EUR euro
swiss franc
Australian dollar
Canadian Dollar
SEK Swedish kronor
NOK Norwegian krone
New Zealand dollar Singapore dollar
ECB European central bank
British BOE bank
BOJ bank of Japan
index
New dollar index
NQCI Na Zhi
NDIW Dow
Germany DAX index
CAC Paris I index
Pan-fried hengsheng
ICIW Nikkei news
Companies and institutions
ING securities packaging
Merrill Lynch
UKX financial times
ETF listed trading fund
Real estate investment fund
Kyodo News Agency (Japan)
European Parliament
Council of Europe
Istate Italian Statistics Bureau
Insee French Bureau of Economic Statistics
Credit Suisse First Boston Securities
Institute of supply management
NYMEX new york Commercial Futures Exchange
FOMC (Federal Open Market Committee)
A
A record of all transactions in the account.
Account Balance Account balance has the same meaning as "balance".
An agent is an individual who is employed by others (principals) and acts on their behalf.
Total demand Total demand is the sum of government expenditure, personal consumption expenditure and enterprise expenditure.
All or None entrusts limit orders in batches, requiring agents to either execute all orders or not execute orders at a specific price.
Appreciation appreciation When the price rises due to market demand, a currency is called appreciation, and the value of assets increases accordingly.
Arbitrage arbitrage takes advantage of hedging prices in different markets, by buying or selling credit instruments, and at the same time buying positions with the same amount but opposite directions in the corresponding markets, so as to profit from the small price difference.
The number of shares sold at asking price.
Selling price The lowest price of a financial instrument to be sold (synonymous with bid/sell spread).
Asset allocation is an investment practice, in which funds are allocated among different markets (foreign exchange, stocks, bonds, commodities and real estate) in order to achieve the purpose of decentralized risk management and/or achieve the expected returns consistent with the expectations of investors or investment managers.
A person who can conduct business transactions and sign documents on behalf of others by holding a power of attorney.
Backoffice departments and processes related to financial transaction settlement (i.e. written confirmation and transaction settlement, account management).
B
The amount in the balance account.
Balance of payments refers to the records of foreign transactions confirmed by a country in a certain period of time, including goods, services and capital flows.
Base currency The currency in which investors or issuers keep accounts. Quoting currencies in other currencies. In the foreign exchange market, the US dollar is usually regarded as the "base" currency for quotation, which means that the quotation expression is 1 every other currency, and the unit is 1 US dollar.
The basis difference between spot price and forward price.
One percent of the basis point.
An investor who thinks the price/market will fall.
Bear market The bear market is characterized by long-term price decline and pessimism. The purchase price is the price that the buyer is prepared to buy; Currency quotation.
Please refer to bid-ask spread for bid-ask spread.
A term used by big number traders to refer to the first few digits of the exchange rate. These figures rarely change in normal market fluctuations, so they are usually omitted from traders' quotations, especially when market activities are frequent. For example, the exchange rate of USD/JPY is 107.30/ 107.35, but only "30/35" has no top three when making an oral quotation.
Bond bonds refer to tradable instruments (debt securities) issued by borrowers to raise capital. Bonds pay fixed or floating interest rates (called coupons). When interest rates fall, bond prices rise, and vice versa.
Account book In a professional trading environment, the account book is an overview of all positions of traders or trading counters.
Bretton Woods Agreement 1944 1944 The Bretton Woods Agreement established a fixed foreign exchange rate for major currencies, stipulated that the central bank should intervene in the money market, and fixed the price of gold at $35 per ounce. This agreement is valid until 197 1 year. See more information about Bretton Woods. A person or company that acts as an intermediary between a buyer and a seller for the purpose of collecting fees or commissions. In contrast, "traders" manage capital and buy positions of one party, hoping to earn the difference (profit) by selling positions to the other party in the next transaction.
A bull is an investor who believes that the price/market will go up.
A market characterized by long-term price increases. (antonym of short market).
German central bank.
C
Telegraph operator's jargon for pound refers to the exchange rate of pound against dollar. From the middle of19th century, exchange rate information began to be transmitted through transatlantic cables, so this term spread.
The candle chart shows the range of transaction prices and the opening and closing prices of the day. If the closing price is lower than the opening price, the rectangle will be darkened or filled. If the opening price is higher than the closing price, this rectangle will not be filled.
Capital Market Capital markets operate medium and long-term (usually 1 year or more) investment markets. The tradable instruments here are more international than the money market (i.e. government bonds and euro bonds).
A government or semi-government agency that manages a country's monetary policy and prints a country's currency. For example, the US central bank is the Federal Reserve, and others include the European Central Bank (ECB), the Bank of England (BOE) and the Bank of Japan (BOJ).
Chart analysts use charts and graphs to interpret historical data so that they can discover trends, predict future trends and assist technical analysts.
The process of settling a transaction.
To remove an investment from a trader's portfolio by buying back a short position or selling a long position. Commission A fee charged by a broker in a transaction.
Confirmation the transaction documents exchanged by both parties to confirm the terms of the transaction. The trend of financial turmoil and economic crisis spreading from one market to another. 1997 Thailand's financial shock caused its national currency, the Thai baht, to be extremely unstable. This situation triggered a financial storm that swept other emerging currencies in East Asia and eventually affected Latin America. This is now the so-called Asian financial turmoil.
Contract unit (hand) The standard unit of some foreign exchange transactions.
Convertible currency A currency that is freely convertible with other currencies or gold at the market exchange rate.
Holding costs are related to borrowing to maintain positions. This cost is based on the interest rate parity that determines the forward price.
Counterparty A participant, bank or customer who conducts financial transactions with a counterparty.
Country Risk Country risk is related to government intervention (excluding central bank intervention). Typical examples include legal and political events, such as war or civil strife.
In view of the huge scale of some financial transactions that have changed hands, it is very necessary to examine whether the counterparty has trading space. Once the price is settled, we should review the credit. If the credit record is not good, you should not continue trading. Credit is very important in transactions, whether in the interbank market or between banks and customers.
Net credit settlement is an agreement established by reducing the need for frequent and repeated review of credit, so as to avoid credit to the maximum extent and speed up the transaction process. Large banks and trading companies may reach such agreements on net outstanding transactions.
Cross exchange rate The exchange rate between two currencies. In countries where currency pairs are quoted, cross exchange rates are called nonstandard exchange rates. For example, in the United States, the pound/Swiss franc quotation will be considered as a cross exchange rate, while in Britain or Switzerland, it will become one of the major trading currency pairs.
Currency A monetary unit of a country issued by a government or a central bank, whose value is the basis of transactions.
Currency risk Currency risk refers to the risk of loss caused by the reverse change of exchange rate.
D
Open and close the same or the same batch of positions in the same trading period.
A person who acts as principal or counterparty in a transaction. Place a buy or sell order.
Deficit expenditure is greater than income/income trade deficit.
The actual delivery of the ownership of the transaction currency by both parties.
Deposit, deposit, loan and cash borrowing. The interest rate of borrowing or lending funds is called deposit interest rate. Certificate of deposit is also a tradable tool.
Devaluation Due to the relationship between market supply and demand, the value of money declines.
Derivative A derivative product is a transaction consisting of or derived from another security (stock, bond, currency or commodity). Derivatives can be exchangeable or non-exchangeable (called OTC). Examples of derivatives include options, interest rate swaps, forward interest rate contracts, upper and lower limits and swap options.
Devaluation is usually due to the official announcement of the intention to lower the value of one currency against another.
E
Economic Indicator is statistical data released by the government or non-governmental organizations, showing the current economic growth rate and stability (such as gross domestic product (GDP), employment rate, trade deficit, industrial output value and business catalogue).
Efficient market A market where the current price can reflect all the effective information obtained from past prices and trading volume.
Day-end (or day-to-day settlement) daily settlement (or market price adjustment) traders calculate their positions in two ways: natural growth or market price adjustment. Natural growth only calculates the capital flow that has occurred, so it only represents the realized gains or losses. At the end of each trading day, the method of adjusting market price uses closing exchange rate or revaluation exchange rate to measure the book asset value of traders. All gains or losses are recorded in the account, and Shang Yi will hold a net position and start trading the next day.
Euro: the currency of the European Monetary Union (EMU), replacing the European Monetary Unit (ECU).
European Central Bank European Central Bank, the central bank of the European Monetary Union.
European Monetary Unit The main goal of the European Monetary Union is to establish a single European currency, the euro. The euro will officially replace the national currencies of EU member states in 2002. At present, the euro only exists in the form of bank currency and is used for book financial transactions and foreign exchange transactions. Members of the European Monetary Union currently include Germany, France, Belgium, Luxembourg, Austria, Finland, Ireland, the Netherlands, Italy, Spain and Portugal.
Exchange Rate Risk For exchange rate risk, see Currency Risk.
Economic risk Economic risk comes from the risk of enterprise capital flow caused by foreign exchange fluctuation.
F
Federal Deposit Insurance Corporation (FDIC) The Federal Deposit Insurance Corporation (FDIC) is the regulatory agency in the United States responsible for managing bank deposit insurance.
Federal Reserve (Fed) Federal Reserve (Fed) Central Bank of the United States.
Fixed exchange rate The official exchange rate set by the monetary authority for one or more currencies. In practice, even if the exchange rate is fixed, it will fluctuate in a limited upper and lower region, and it will cause government intervention from time to time. Fixed interest rate This transaction type will pay a pre-agreed interest rate and remain unchanged during the transaction. Fixed interest rates are usually applied to bonds and fixed-rate mortgages.
Flat (or square) equals flat or even if there are neither bulls nor bears. If a trader doesn't have any positions, or all his positions cancel each other out, then his account is flat.
Floating interest rate is the opposite of fixed interest rate, and the interest rate in such transactions will fluctuate with the market interest rate or benchmark interest rate. An example of a floating interest rate is a standard mortgage.
Foreign exchange or Forex or FX foreign exchange (Forex or FX) buys one currency in the counter market and sells another currency at the same time. Most major foreign exchange rates are quoted in dollars.
Foreign exchange risk See Currency Risk for foreign exchange risk.
Forward forward transaction A transaction that begins on an agreed date in the future. Forward transactions in the foreign exchange market are usually expressed as the difference between higher (premium) and lower (discount) spot exchange rates. If you want to get the actual forward foreign exchange price, you only need to add the difference to the spot exchange rate. This exchange rate will reflect the inevitable state of foreign exchange rate on the forward delivery date. If funds are exchanged at this exchange rate, there will be neither gains nor losses (such as neutralization transactions). This exchange rate can be calculated according to the deposit interest rate and spot foreign exchange rate corresponding to the two base currencies. Different from the futures market, forward trading can be set according to the needs of both parties, which is more flexible. At the same time, it also avoids centralized trading.
Forward point Forward point is a point added or subtracted from the current exchange rate to calculate the forward price.
Forward Exchange Rate Agreement (FRAs) A forward exchange rate contract is a transaction that allows traders to borrow/lend at a specific interest rate in a specific period in the future.
The front and back office management and transaction department management department usually consists of trading offices and other major business activities departments.
Fundamental analysis is a thorough analysis of economic and political data, with the goal of judging the future trend of financial markets.
A way of trading financial instruments, currencies or commodities at a specific price at a future date. Unlike options, futures provide an obligation to buy or sell a tool at a future date (rather than an option). Futures can be used to protect the future value of a specific project and speculate on it.
G
GTC is valid until cancelled (GTC). Orders to buy or sell at a fixed price are decided by the entrusted trader. GTC is valid until it is executed or revoked.
H
Hedging An investment position or combination of positions used to reduce the volatility of portfolio value. You can buy offsetting positions in related securities. Various tools can be used, including forwards, futures, options and a combination of all tools.
High_Low high/low usually refers to the highest and lowest transaction prices of the underlying instruments on the current trading day.
I
An economic state in which the price of consumer goods rises, which in turn leads to a decline in the purchasing power of money.
Initial deposit is the initial mortgage deposit required for warehousing, which is used to ensure future performance. Interbank Offered Rate The foreign exchange rate used by large international banks to quote other large international banks.
Interest rate swap (IRS) Interest rate swap (IRS) is the swap of two liabilities and obligations with different payment flows. This kind of transaction usually exchanges two parallel loans; One is fixed interest rate, and the other is floating interest rate.
The interest rate of interest rate swap point can be inferred by using foreign exchange rate through simple bid-ask spread rules. If the quoted exchange rate is calculated in foreign currency (not US dollars) and the buying price is higher than the selling price, then the interest rate of this country is higher than that of the benchmark country at this specific time. If the price is quoted in dollars, the opposite is true. For example, USD/JPY is quoted as 105.75 instead of 105.65. Because the buying price is lower than the selling price, you also know that the interest rate in Japan is lower than that in the United States.
ISDA International Exchange and Derivatives Trading Association (ISDA) are institutions that set the terms and conditions of derivatives trading.
L
Leading indicators are considered to be economic variables that can predict future economic activities (such as unemployment rate, consumer price index, price index of means of production, retail price, personal income, main interest rate, discount rate and federal funds rate).
London Interbank Offered Rate (LIBOR) refers to LIBOR. The interest rate at which the largest international banks lend to each other.
London international financial futures exchange. Including the three major futures markets in the UK.
Limit order An order that is bought at or below a specified price or sold at or above a specified price.
Liquidity and illiquidity markets Liquidity and illiquidity markets can be easily bought and sold without affecting the ability of price stability. When the bid-ask spread is small, this market is called a liquidity market. Another measure of liquidity is the number of sellers and buyers. The more participants, the smaller the price difference. There are few market participants with poor liquidity, and the trading spread is large.
Liquidation Clearing settles open positions by executing offset transactions.
Long position A position in which the number of instruments bought by a long position exceeds the number of instruments sold. Accordingly, if the market price rises, the position will increase in value.
M
Margin customers must deposit mortgage funds to bear any losses that may be caused by reverse price fluctuations.
Additional margin requires brokers or dealers to add funds or other collateral to make the amount of guarantee reach the necessary amount, so as to ensure that the performance of the position develops in a direction unfavorable to customers.
Mark-to-market (or end-of-day) adjusted by market price (or daily settlement) traders calculate their positions in two ways: natural growth or adjustment by market price. Natural growth only calculates the capital flow that has occurred, so it only represents the realized gains or losses. At the end of each trading day, the method of adjusting market price uses closing exchange rate or revaluation exchange rate to measure the book asset value of traders. All gains or losses are recorded in the account, and the trader will hold a net position and start trading the next day.
Market makers and operators provide prices and are prepared to buy or sell at these mentioned buying and selling prices. An operator manages a trading book.
Market Order Market Order An order that is bought/sold at the best effective price when the order is put on the market. Market risk is the risk related to the whole market, which cannot be dispersed by hedging or holding multiple securities.
Maturity date The date on which a debt should be repaid.
If a trader wants to announce his or her purchase intention, he or she will say or enter "mine". This can also be called "accepting an offer". If he wants to sell, he will use "yours". This can also be called "hit bid".
Money market refers to short-term (that is, less than 1 year) investment, and its participants include banks and other financial institutions. Examples include deposits, certificates of deposit, repurchase agreements, overnight index swaps and commercial promissory notes. Short-term investment is safe and highly liquid.
O
Off-balance-sheet products, such as interest rate swaps and forward interest rate contracts, are off-balance-sheet products. At the same time, in addition to stocks and debts, financing from other channels is also included.
Quote selling price The price or exchange rate that the seller is willing to follow when selling.
Offset transactions Offset transactions are used to cancel or offset part or all of the market risks of open contracts.
A cancel other order (OCOOrder) Optional order (O.C.O Order) A sudden order, the execution of one part of the order will automatically cancel the other part of the order.
Open order A buy or sell order when the market price moves to a specified price.
Open position Open position has not been cancelled or closed, at this time, the interests of investors will be affected by the trend of foreign exchange rate.
Option Option This agreement allows the holder to sell/buy a specific security at a specific price for a specific period of time. There are two types of options: call options and put options. A call option is a call option and a put option is a put option. Traders can sell or buy call and put options.
An order order is a trading instruction sent by a customer to a broker. You can place an order at a specific price or market price. At the same time, the order can also be set to be valid before trading or before closing.
Overnight trading a transaction that lasts until the second trading day.
OTC) OTC is used to describe any transaction that is not conducted on an exchange.
P
Pegging the exchange rate system is a way of price stability; Generally speaking, by fixing the exchange rate between one country's currency and another country's currency, the currency can be stabilized.
Point is a term in money market, which is used to indicate the minimum incremental change of exchange rate. According to the market environment, it is normally a base point (Euro/USD, GBP/USD, USD/Swiss franc 0.000 1, USD/JPY 0.0 1).
Political risk: the change of a country's government policy. This change may have a negative impact on investors' positions.
Open position is a trading intention expressed by buying or selling. Position can refer to the amount of funds owned or borrowed by investors.
Premium premium in the money market, premium refers to adding points to the spot price to judge the forward or futures price.
Price transparency Price transparency Every market participant has an equal opportunity to get a quotation.
Q
The quotation refers to an indicative market price; Displays the effective price of the highest buy and/or lowest sell of a security at any given time.
rare
Exchange rate The price of one currency against another.
Realized and Unrealized Gains and Losses Realized gains and losses, Unrealized gains and losses A trader who uses the natural growth accounting system will have unrealized gains and losses before selling shares. Once the shares it holds are sold, it will immediately achieve profitability.
The transaction type of Re_purchase or Repo repurchase involves selling a tool and then repurchasing it at a specific date and time in the future. Repurchases usually take place in the short-term money market.
Technical analysis term of resistance refers to a specific price that money cannot exceed. If the price of money fails to reach this price many times, it will produce a pattern that can usually be composed of a straight line.
Revaluation rate Revaluation rate is the market exchange rate used by traders to determine the profit and loss of the day when making daily settlement.
Risk exposure to uncertain changes; Variability of income; More importantly, the possibility that the income is lower than expected.
Risk management Risk management adopts financial analysis and trading skills to hedge the risk of traders.
The settlement of extended delivery transactions is carried forward to the next delivery date, and its handling fee is based on the interest rate difference between the two currencies.
S
Finally, the settlement method of a transaction is determined, and both parties to the transaction are credited to the account.
When tools are sold without actual possession, bears become "bears". Short sellers often expect prices to fall, so they can buy back this tool in the future to make a profit.
Short position Short position An investment position established by selling short positions. Since this position has not been written off, it can benefit from the decline in market prices.
Spot transactions are paid at sight, but funds are usually transferred within two days after the transaction is completed.
Stop loss order Stop loss order An order to buy/sell at an agreed price. Traders can also preset a stop-loss order, which can automatically close the position when it reaches or exceeds the specified price.
Spot price Current market price. Spot trading settlement usually takes place within two trading days.
Spreading the difference between the buying price and the selling price; Used to measure market liquidity. In general, the smaller the spread, the higher the liquidity.
Technical analysis term of support level, indicating that there is no specific price of currency that cannot be broken. If the price of money fails to reach this price many times, it will produce a pattern that usually consists of a straight line.
Swap occurs when one currency is temporarily exchanged with another currency, and then the currency is held and exchanged back after the agreed time limit. To calculate the swap, take the interest rate difference between two specified currencies. Therefore, swaps can be used for investment purposes to benefit from expected interest rate changes.
Pound is another way of saying pound.
T
Technical analysis attempts to predict future market activities by analyzing market data, such as charts, price trends and trading volume.
Minimum price change.
The stock quotation machine displays the current status and/or recent history of money in the form of charts or tables.
Tomorrow's next (Tom/Next) Tomorrow (Tom/Next) buys and sells a currency at the same time for the next delivery.
Transaction costs Transaction costs The costs associated with the purchase or sale of financial instruments.
Transaction date The date when the transaction occurred.
The volume or scale of transactions within a certain period of time (usually one day or one year).
Bidirectional quotation Bidirectional quotation provides buying and selling quotations for foreign exchange transactions.
U
The transaction price of the rising securities is higher than the latest quotation in the same currency.
Uptick rules securities price increase trading rules American law stipulates that securities cannot be sold short unless the unprecedented transaction price is lower than the price of short selling.
U.S. prime interest rate U.S. basic interest rate The interest rate that U.S. banks lend to major corporate customers.
V
Value date, delivery date, the date when both parties agree to exchange money.
Change margin Due to market fluctuation, the additional margin proposed by the broker to the customer should be
Beg.
The statistical calculation method of market or securities price changes over a period of time is calculated by standard deviation method. High volatility is accompanied by high risk.
The amount or value of securities traded in a specific period.
W
Warrants are a form of selling options; Refers to the right to buy company stocks or bonds at a specific price within a specific time span.
Whipsaw is a term used to describe a rapidly changing market state, that is, a sharp price change period is followed by a reverse sharp price change period.