FX Dictionary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Aggregate Demand - Total demand for goods and services in the economy. It includes private and public sector demand for goods and services within the country and the demand of consumers and firms in other countries for good and services.

Aggregate risk - Size of exposure of a single customer to a market related movement.

Aggregate Supply - Total supply of goods and services in the economy from domestic sources (including imports) available to meet aggregate demand.

Appreciation - Describes a currency increasing or strengthening in response to a market reaction.

Arbitrage - The simultaneous purchase and sale on different markets, of the same or equivalent financial instruments to profit from price or currency differentials.

Asset Allocation - Dividing funds among different investment alternatives in order to attempt to achieve diversification or maximum return.

Ask - The price at which the currency or instrument is offered for sale by AXIOM.

"At best" - A specific instruction given to a dealer to buy or sell at the best rate that can be obtained. The term is synonymous with the term "at the market" or is implied by the customer issuing a "market order".

"At or Better" - An order to deal at a specific rate/price or better.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z