Upgraded

Spot next is a term used to describe the day of delivery of the purchased currency the next day after the spot date. It can also be referred to as a ‘next business day’.

 

Tags:

Spot date is a day when a spot trade transaction is carried out, meaning it is the exact day when the involved-in-transaction funds are transferred. In currency market spot date is usually set in 2 days after the order is placed.

 

Tags:

Liquidity trap is market’s condition when interest rates are too low and savings rates are too high. They can appear as a result of ineffective monetary policy.

 

Mine and yours is the term used by the floor traders in order to describe buying and selling process respectively. When they want to buy a security they only type ‘mine’. The same with selling and ‘yours’. This was invented for the quick and easy communication between two brokers during a fast transaction.

 

Tags:

Subcategories

Please publish modules in offcanvas position.