Trader's Glossary

Accumulative Swing Index (ASI)

An indicator which compares the opening, closing, high and low prices reached by an asset over a period of time to measure its long-term trend.
Did you know?

Have you ever heard of Monte Dei Paschi di Siena? Founded in 1472 in Tuscany, Italy, it is considered to be the world’s first actual bank and is still in operation today.

Word of the day
"Maturity" - The date upon which a contract must be settled.
Pro Tip

pip value in quote currency = pip in decimal places X trade size

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