Tuesday, December 28, 2010

Forex Dictionary B part2

*Bank Rate
The rate at which central banks ready to lend money based on the domestic banking system.
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Bank Reserve Settlement
Economic Indicators, a period that ended on Wednesday in which during this period commercial banks must meet reserve requirements (reserve), which is determined by the Federal Reserve
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Banking Day
Trading Day and the Value Date.
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Bar chart
A diagram consisting of four significant points: see high prices and low prices that make vertical beams; opening price that is marked with small horizontal line on the left bar / beam, and the closing price is marked with small horizontal lines on the right side bar.
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Barrier Option
A family of path dependent option payment pattern and its survival depends not only on the final price underlying currency but also depends on whether the underlying currency fell at a predetermined price level at any time during the option or not. See Down and Out CALL-PUT, Down and in call-put, Up and out CALL-PUT, Up and in CALL-PUT.
*Barrier Options
Options are very similar to European style vanilla options, except that the strike price of the second (trigger) stated that when it reached the market, automatically causing the options become immediately due (knockout options) or inspired (knockin options).
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Base Currency
The currency was reported by a bank or financial institution based on the results of their operations.
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Base
The difference between the cash price and the price will come.
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Basis Point
One percent of one percent.
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BBD
ISO 4217 currency code, Currency used in Barbados, called Dollars.
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BDT
ISO 4217 currency code, Currency used in Bangladesh, called by Taka

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