Slang term for September 16, 1992, when George Soros broke the Bank of England, earning himself over $1 billion while causing the British government to withdraw the pound from the European Exchange Rate Mechanism.
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The market share of the top 10 FX players globally reaches 80%.
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"Expiration Date" - The last day that a futures or options contract is valid.
pip value in quote currency = pip in decimal places X trade size
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