En Term | En Description |
---|---|
Client log file | file, created by the client terminal, which records all requests and orders sent from the client to a dealer with 1 second accuracy |
Client terminal | MetaTrader 4 or 5 software product that lets the client get information about financial market trades in real time mode (volume defined by the company), perform technical analysis of markets, operate, set/change/cancel orders and receive messages from the dealer and the company as well |
Closed transaction | consists of two opposite trading operations of equal volume (the position opening and closing): buying followed by selling or selling followed by buying |
Contract specifications | general trading conditions (such as spread, lot size, minimal trading operation volume, trading operation volume increment, initial margin, lock margin etc.) for each instrument |
Currency pair | two currencies which make up a foreign exchange rate, for example, EUR/USD |
Dealing | non-cash currency trading |
Dealing center | company that provides access to the money market |
Developer | “MetaQuotes Software Corp.” is the trading platform developer |
Figure | price change for 100 pips. For example, price change EUR/USD from 1.3770 to 1.3870 – this means figure increase |
Force major circumstances | occurrences which could not be foreseen or prevented. These include: natural disasters; wars; acts of terrorism; government actions, actions of executive and legislative government authority, hacker attacks, and other unlawful acts toward servers |