Trader's Glossary

End of Day Order (EOD)

An order to buy or sell a specific asset at a predetermined price, which is kept open until the end of the trading day but cancelled if the asset fails to reach the desired price.
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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