At or Better
An instruction given to a dealer to buy or sell at a specific price or better.
Related terms
At Best
An instruction given to a dealer to buy or sell at the best rate that can be obtained at a specific time.
Read full definitionLimit Order
An instruction to buy or sell at a specific target price or better. Unlike a market order, which executes immediately at the current price, a limit order only triggers when the market reaches the predefined level, giving more control over execution.
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Aggressive
A description of traders and/or price action acting with conviction.
Read full definitionArbitrage
The simultaneous buying and selling of the same currency in different markets to profit from small price differences. The strategy exploits temporary inefficiencies in FX markets.
Read full definitionBroker
A third party coordinating the sale of financial securities between sellers and buyers. Exchanges only accept orders from their members, so traders and investors use brokers as intermediaries; brokers are compensated through commissions, fees or payment from the exchange.
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Traders who expect prices to rise and who may be holding long positions.
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Taking a long position on a product.
Read full definitionCapitulation
The act of surrendering or giving up. In financial markets it describes the point at which investors and traders stop trying to recapture lost gains or maintain positions in the face of falling or rising prices.
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