Trader's Glossary

Basis Point (BP)

A measure unit for interest rates which equals 0.01% and shows the percentage change in a financial instrument.
Did you know?

In terms of trading volume, the FX market is by far the largest market in the world.

Word of the day
"Parity" - The event of two currencies being of equal value.
Pro Tip

Try to stay away from bucket shops.

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