A
AAIIAAII stands for the American Association of Individual Investors. The AAII is a non-profit organization that provides investment education for the individual investor. Website: aaii.com
ABA
The American Bankers Association.
Related Websites: aba.com
Account Value
The current value of a customers account given the amount of money deposited and changes as a result of profits and losses from existing and closed out positions, credits and debits from daily rollovers, and charges from such things as commissions, transfer fees or bank related fees if applicable.
Accrual
The apportionment of premiums and discounts on forward exchange transactions that relate directly to deposit swap (Interest Arbitrage) deals , over the period of each deal.
Adjustment
Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate or. Adjustment - Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate or.
Aggregate Demand
Total demand for goods and services in the economy. It includes private and public sector demand for goods and services within the country and the demand of consumers and firms in other countries for good and services.
Aggregate risk
Size of exposure of a single customer to a market related movement.
Aggregate Supply
Total supply of goods and services in the economy from domestic sources (including imports) available to meet aggregate demand.
Appreciation
Describes a currency increasing or strengthening in response to a market reaction
Arbitrage
The purchase or sale of an instrument and simultaneous taking of an equal and opposite position in a related market, in order to take advantage of small price differentials between markets.
Ask (Offer) Price
The price at which the market is prepared to sell a specific Currency in a Foreign Exchange Contract or Cross Currency Contract. At this price, the trader can buy the base currency. In the quotation, it is shown on the right side of the quotation. For example, in the quote USD/CHF 1.4527/32, the ask price is 1.4532; meaning you can buy one US dollar for 1.4532 Swiss francs.
At best
A specific instruction given to a dealer to buy or sell at the best rate that can be obtained. The term is synonymous with the term "at the market" or is implied by the customer issuing a "market order".
At or Better
An order to deal at a specific rate/price or better.
Available Trading Power
Given a customer's Account Value and existing position, the amount of incremental foreign exchange position, expressed in a specified currency, that the customer could take. Mathematically, the Available Trading Power = (Account Value * Maximum Trading Leverage) - Open Positions Amount.
