Trader's Glossary

Good Till Date/Time Order (GTD)

A pending order set to remain valid until a predetermined future date, upon which it is automatically cancelled if it has not been filled.
Did you know?

The average daily trading volume in the foreign exchange market exceeds $5 trillion.

Word of the day
"Yard" - Slang term for 1 billion units of a particular currency.
Pro Tip

Most market activity occurs when at least two market centres are open at the same time.

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