Trader's Glossary

Straight-Through Processing (STP)

The method of processing trades by routing them straight through to liquidity providers without dealing desk intervention.
Did you know?

U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.

Word of the day
"Open Position" - A trade that has still not been settled.
Pro Tip

Try to stay away from bucket shops.