Choice market

Choice market

A rare scenario where the spread between the bid and ask prices is equivalent to zero, which implies that a currency can be bought or sold at the same price.

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Part of Speech: adjective
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Industry/Domain: Financial services
Category: Currency exchange
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choice market

Financial services; Currency exchange

A rare scenario where the spread between the bid and ask prices is equivalent to zero, which implies that a currency can be bought or sold at the same price.

choice market

Financial services; General Finance

Applies mainly to international equities. Locked market in London terminology.

market

Language; Dictionaries

A meeting together of people, at a stated time and place, for the purpose of traffic (as in cattle, provisions, wares, etc.) by private purchase and sale, and not by auction; as, ...

market

Professional careers; Sales

All the buyers and potential buyers of a product who profess some level of interest in it and who can afford it.

market

Economy; International economics

1. The interaction between supply and demand to determine the market price and corresponding quantity bought and sold. 2. The determination of economic allocations by ...

market

Economy; Economics

A group of buyers and sellers of a particular good or service.

Greek drachma

Financial services; Currency exchange

The official currency of Greece before it was replaced by the euro in 2001 after the country adopted the European common currency. As a currency, the drachma dates back to ancient ...

negative carry pair strategy

Financial services; Currency exchange

A foreign exchange strategy where investors long a low-interest currency and short a high-interest currency. This is a very risky trade to make, and can result in significant ...

adjustable peg

Financial services; Currency exchange

An exchage rate policy where a country's national currency is fixed to a major currency like the U.S. dollar, but where the rate can be changed within a defined interval.

micro-lot

Financial services; Currency exchange

An order for 1000 units of a base currency, namely the currency being bought or sold.

authorized forex dealer

Financial services; Currency exchange

A financial institution that has been authorized to be a dealer in the trading of foreign currencies.

rand

Financial services; Currency exchange

The basic unit of money in South Africa.

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