Trader's Glossary

Bucket Shop

A brokerage that acts as counterparty to the positions of its clients and does not execute them on an exchange.
Did you know?

The market share of the top 10 FX players globally reaches 80%.

Word of the day
"Expiration Date" - The last day that a futures or options contract is valid.
Pro Tip

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

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