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Forex Terms
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S/ SA SC SE SH SI SL SO SP SQ ST SU SW
SEL SET
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1. Sell Limit Order An order to execute a transaction only at a specified price (the limit) or higher.
2. Sell Stop A limit order with a limit placed below the current market price. Once triggered, the limit order becomes a market order.
3. Selling Rate Same as the Ask or Offer rate.
4. Selling Short Selling a currency pair that involves being short the base currency and long the quote currency, with the intent of buying the currency pair at a later time when prices are lower in order More…
5. Settlement The physical delivery of currencies made when a contract matures. In forex, it is usually two days after the trade. In practice, traders don't take delivery, but profits and losses are More…
6. Settlement Date In forex, the date when physical delivery must take place. For most currency pairs it is two days after the trade date. However, the USD/CAD currency pair settles one day after its trade More…
7. Settlement Risk Loss as a result of one's counter-party being unable to settle.

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