Trader's Glossary

Derivative

A financial instrument with no intrinsic value in and of itself, which derives its value from another financial instrument, asset, index or exchange rate. Contracts for difference, options, swaps, forwards and futures are all examples of derivatives.
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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