S 2012

1.


S/N Roll


See Spot/Next Roll.


2.


Same Day Transaction


A position that is opened and closed on the same day.


3.


Sell Limit Order


An order to execute a transaction only at a specified price (the limit) or higher.


4.


Sell Stop


A limit order with a limit placed below the current market price. Once triggered, the limit order becomes a market order.


5.


Selling Rate


Same as the Ask or Offer rate.


6.


Selling Short


Selling a currency pair that involves being short the base currency and long the quote currency, with the intent of buying the currency pair at a later time when prices are lower in order More…


7.


Settlement


The physical delivery of currencies made when a contract matures. In forex, it is usually two days after the trade. In practice, traders don’t take delivery, but profits and losses are More…


8.


Settlement Date


In forex, the date when physical delivery must take place. For most currency pairs it is two days after the trade date. However, the USD/CAD currency pair settles one day after its trade More…


9.


Settlement Risk


Loss as a result of one’s counter-party being unable to settle.


10.


Short


Selling a currency pair that involves being short the base currency and long the quote currency, with the intent of buying the currency pair at a later time when prices are lower in order More…


11.


Short Call


An option that obliges the seller to sell the underlying asset to the buyer.


12.


Short Covering


Buying the exact same units of a currency pair to offset an earlier short sale of the same currency pair.


13.


Short Position


In foreign exchange, when a currency pair is sold, the position is said to be short. It is understood that the primary currency in the pair is ‘short’, and the secondary currency More…


14.


Short Put


An option which obliges the seller to buy the underlying asset from the buyer.


15.


Short Sale


See Selling Short.


16.


Short Squeeze


When short sellers frantically scramble to cover their short positions as the market is experiencing a sharp upward movement. The attempt exacerbates the problem because more buying makes More…


17.


Shout Option


An option that lets the holder lock in profits while continuing to participate in the movement of the underlying asset.


18.


Sidelined


When there is above ordinary interest in a currency pair, other major currency pairs that are thinly traded as a result of this are considered sidelined.


19.


Slippage


It’s the experience of not getting filled at (or even very close to…) your expected price when you place a market order or stop loss. This can happen because either: market price is More…


20.


Society for World-wide Interbank Telecommunications


Global electronic network for forex settlement, whose office is based in Belgium. Known for the SWIFT Code, which is an 8 or 11 alphanumeric character international standard that uniquely More…

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