Value Date

The date on which both sides to a transaction agree to exchange payments. If you want to learn more foreign…

Venezuelan Bolivar (VEF)

The Venezuelan Bolivar (VEF) is the official currency of Venezuela. The current bolivar, known as the “Bolivar Soberano” (Sovereign Bolivar),…

The Tanzanian Shilling (TZS)

The Tanzanian Shilling (TZS) is the official currency of Tanzania. The currency code of Tanzania shilling is TZS, and the…

Spreads

Forex brokers will quote you two different prices for currency pairs: the bid and the ask prices. "bid" is the…

Slovenian Toral (SIT)

The Slovenian Toral (SIT) was the official currency of Slovenia from 1991 until it was replaced by the euro in…

Schengen Area

Schengen Area refers to an area where 26 European countries have abolished internal borders and allow free and unrestricted movement…

Standard Deviation

Standard Deviation is a statistical indicator of price volatility, measuring the dispersion of prices from the average price. Dispersion is…

Ripple (XRP)

Ripple is the name of the company that created the Ripple payment platform as well as the XRP token. Ripple’s…

Risk-free principal

A Risk-free principal is a brokerage or dealer firm that simultaneously buys and sells securities in two separate but offsetting…

Polish Zloty (PLN)

Polish Zloty (PLN) is the official currency of Poland. The name "zloty" means "gold" in Polish, as it originally referred…