Last Dealing Day
The last day, and with the last dealing time, the final moment, you may trade a particular product.
Related terms
Last Trading Day
The final day you can trade or close out a derivatives position, one day prior to the contract’s expiration date. Once it passes, the derivative is no longer tradable and the settlement process begins, with delivery or cash settlement the following day.
Read full definitionExpiration Date
The last day a derivatives contract, such as an option or future, is valid. Before or on this day, traders decide what to do with their position.
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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.
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An instruction given to a dealer to buy or sell at the best rate that can be obtained at a specific time.
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An instruction given to a dealer to buy or sell at a specific price or better.
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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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