Market slang for Swiss Franc.

Simultaneous buying or selling of a currency for delivery the following day and selling for the next day or vice versa.

An exchange rate system where a country's exchange rate is pegged (i.e. fixed) in relation to another currency. The official rate may be changed from time to time e.g. Hong Kong Dollar with the U [..]

A currency is said to appreciate when it strengthens in price response to market demand.

A risk free type of trading where the same currency is bought and sold simultaneously in two different markets in order to cash in on the difference in these markets.

The price at which the currency is offered. The price at which a seller is willing to sell. The best offer is the lowest such price offered for sale. For example, if the exchange rate reads GBP/EUR 1. [..]

Market slang for the Australian Dollar.

The settlement department and related processes related to the settlement of currency transactions (i.e written confirmation and settlement of trades, record keeping).

Acronym for Bank Automated Clearing System. Payments will take 4 business days to clear into a designated account.

The rate at which the Bank of England lends to other banks in the UK.