OCO-One Cancels the Other Order: OCO is a mixture of two orders in which the carrying out of either one robotically cancels the additional.

Offer: The value at which a currency duo or security is for trade the quote price at which a depositor can purchase a currency pair. This is known as the 'ask', 'ask rate' and 'ask price'.

Open Order: It is a Purchase or Sell order that ruins in power until executed or cancelled by the client.

Open Position: Any open position (long or short) related to marketplace fluctuations and has not been closed out by an equivalent conflicting transaction.

Order: An order is a consumers order to purchase or sell currencies.

Overnight Position: Overnight Position is a Long or Short positions of a trader in a currency at the finish of a trading day.