The first currency quoted in a forex pair upon which the value of the pair is determined. The pair’s value is equal to the amount of counter currency (the second currency quoted) required to buy/sell one unit of the Base currency (the pair). If 1 EURUSD – a currency pair in which the Euro is the Base currency and the US Dollar is the Counter currency – equals 1.1.000, 1 Euro equals 1.1000 US Dollars.
A market for an asset whose value is declining. A bear market is characteristically corroborated by a 20% loss of value over a specified time period.
The price that one party is prepared to bid for a counterparty’s asset. In forex and CFD trading, the broker determines the bid price.
The disparity between Bid and Ask prices represents the broker’s (money changer’s) profit for administering a transaction/position.
An option on an asset whose payout is determined when the option is purchased and whose expiration can either be “in the money” (successful) or “out of the money” (unsuccessful).
A shared online ledger in which data is maintained in closed sequentially developing, verifiable data blocks.
Shares of large and well-known companies.
The New Hampshire location of the resort at which the world’s major economic powers post-World War-2 agreed to peg their currencies to the US Dollar, which would be itself pegged to the Gold Standard, thereby de-pegging their own currencies from the commodity.
A 3rd party that negotiates a transaction between 2 other parties – a buyer and a seller.
A market for an asset whose value is increasing.