The amount of money in an account at the start of a business day, including all deposits, withdrawals and/or other cash and cash equivalents (= credits minus debits). If a trader has decided to close [..]

The interest accumulated on a security from premiums and discounts that relate directly to deposit swap (interest arbitrage) deals over the period of each deal.

A market-wide movement or trend that affects nearly all stocks and sectors. The term originates from the big board used historically in the NYSE for marking price movements.

A market in which a lot of buying and selling is going on.

Trading of a company’s stock after the market has closed.

The annual rate of return on an investment. For example, a £10,000 investment at 5% per year earns £500 a year and has an APR of 5%. Also referred to as the annual percentage rate or simply APR.

Effecting sales and purchases simultaneously in the same or related securities in order to take advantage of price differentials between markets.

In the over-the-counter market, the term “ask” refers to the lowest price at which a broker is willing to sell a security (e.g. currency, stock, index or commodity) at any given time. The ask price, a [..]

The official code for the Australian dollar.

A nickname for the Australian dollar.