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

Maintenance Margin - The minimum margin, which an investor must keep at AXIOM to maintain an open position in a forward or futures contract.

"Make a market" - A dealer is said to "make a market" when a quoted bid and ask price is given to a client. The price represents the firm prices that the dealer is ready to buy or sell.

Margin Call - A demand for additional funds to be deposited in a margin account to meet margin requirements because of adverse exchange rate movements.

Margin - The aggregate amount of customer cash pledged against the aggregate Open Position(s).

Mark to Market - The daily adjustment of an account to reflect unrealized profits and losses.

Market maker - A market maker is a person or firm authorized to create and maintain a market in an instrument.

Market order - A Market Order is an order to buy or sell a chosen currency pair at the current market price.

Moving Average - A way of smoothing a set of price/rate data by taking the average price of data range of values.

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