Trader's Glossary

Minimum Bid Rate

The main refinancing rate, set by the European Central Bank (ECB) every month.
Did you know?

Papyri PCZ I 59021, which dates back to 259/8 B.C., shows the exchange of coinage in ancient Egypt.

Word of the day
"Liquidate" - To close an open position so as to take the resulting profits or limit further losses.
Pro Tip

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

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