Glossary Of Terms

On this page, you will find short descriptions and meaning on some of the most commonly used terms when trading in Forex. We hope this will help give you a better understanding and you can always refer back to this glossary for terminology that you don't understand.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

D

Day Order - A buy or sell action that will automatically click in place at the end of the trading day.

Day Trade - The transactions and executions happening during the same trading day.

Day Trader - A trader who buys and sells base on the differentials in price movement within a short period...normally within a day.

Day Trading - Refers to all the different types of trades where there is an opening and closing position, all happening on the same day.

Dealer - An individual or firm that takes care of the transaction on the client's behalf, in the hope to earn a profit through the spread of the trade.

Deficit - Refers to a negative balance of money to execute a trade.

Delivery - A Forex transaction where both party give and take actual exchange of the currency.

Depreciation - A decline or fall in the price value of a currency.

Desk - Refers to a group that deals and handles specific currency trading.

Devaluation - The action taken by government to lower the external price value of their currency.

Direct Quote - Quotation base on the fixed units of an oversea currency against the variable value of the domestic dollars.