Trader's Glossary

Slippage

The pip difference between the price a trader expects an order to be filled at, and the price the order is actually filled at. Slippage usually occurs in periods of volatility or low liquidity.
Did you know?

Between the years 1860 and 1913, the number of foreign banks operating in London increased from 3 to 71.

Word of the day
"Basket Currency" - A currency used as a reference point for a currency peg.
Pro Tip

There is no get-rich-quick formula. If someone promises you one, take a step back, and then run as far away from them as possible.

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