Account Statement

Statement regarding the trades and conditions of the clients account with a broker for a chosen period.

ADV (Average Daily Volume)

The daily average volume of tenders is a level of activity of tenders on currency, futures or options. The increase in volume in a direction of a current price trend is an acknowledgement of this trend.

American options

The American option is an option which can be executed at any time during its existence.

AMEX

American Stock Exchange

Appreciation

Growth of cost of unit of one currency expressed in terms of other currency.

Arbitrage

No-risk type of trade when the same currency simultaneously is bought and sold against another for reception of profit because of a difference in the prices at two counterparts.

Ask (Offer) Price

The price of the seller. The price on which the client can buy the currency interesting him (the greater figure in the bilateral quotation).