| Glossary "D" |
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This part tells all about terms starting with D in forex.
Dealer: A dealer is an individual or a firm, which is lawfully free to purchase and sell securities for it as well as for others. A broker or the dealer must be registered with the Securities and Exchange Commission. When performing as a broker a broker or dealer purchases and sells securities on behalf of customers. When performing in the ability of a dealer a broker purchases and sells on behalf of his or her own firm. Securities detained by a broker or dealer in his own account might be presented to customers and others. For this cause, some investor refuse to blindly admit the purchase or sell suggestion of a broker/dealer because there is the prospective for a clash of interest if the broker or the dealer is selling securities to the customers from their own dealer account. Day Trader: Energetic traders who hold trades for an enormously short time and make quite a few trades each day. Day trader are persons who are demanding to build a profession out of purchasing and removing stocks very rapidly, often building number of trade in a particular day and generally finishing all positions at the finish of each day. Day trading can be expensive, as the commission and the bid/ask increase add up when there are so several transactions. Day Order: Buy order is a purchase or sell order that expires automatically during the conculision of the trade day on which it was taken. Day trade: Day trade is a trade taken and closed on the similar trade day. Day Trading: It refers to a method or type of dealing where trade taken is opened and executed at the same stage and on the similar day. Depreciation: A smash in the price of a currency because of the marketplace forces. Desk: Desk is word referring to persons rading with a particular currency or currencies. Devaluation: Devaluation is the action taken by the government of a country to lessen the external cost of its currency. Direct quotation: It is a fixed unit of overseas currency next to the variable price of the local currency. Discretionary Account: It is the account in which the client allows a trading body to react on the client's behalf in purchasing and selling currency duo. The body has discretion as to the choice of currency pairs, values, and timing-subject to any resrections assigned in the contract. |
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