Glossaries explained under this segement explain all about Taking profit, Tick, Transaction Dates etc.

Take Profit Order: A client’s instruction to purchase or sell a currency duo which, when executed, will effect in the decrease in the dimension of the open position and confirm a profit on held position.

Tick: The minimum possible alter in a price, moreover up or down.

Tomorrow Next (Tom/Next), (T/N), T/N Roll: The procedure of affecting the conclusion value date on an unwrap position ahead from one trade day after the buy and sell date (tomorrow), to the subsequent suitable price date (next), the spot price date.

Transaction Date: A deal occurs on the date.

Turnover: Turnover is the total amount of all executed dealings in a known period.

Two-Way Price: A quotation in the forex market that indicate a bid and an offer.