Position
The net total holdings of a given product.
Related terms
Net Position
The difference between total open long (bought) and open short (sold) positions in a given asset.
Read full definitionOpen Position
An active trade with corresponding unrealised profit or loss that has not been offset by an equal and opposite deal.
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A trade that is no longer active, closed by trading in the opposite direction to the one in which it was opened. Closing a position locks in its final profit or loss.
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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 definitionAt Best
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.
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.
Read full definitionBulls
Traders who expect prices to rise and who may be holding long positions.
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