Dictionary


Cable
Common terminology for the British Pound against the US dollar exchange rate.
Call Option
A contract that gives the buyer of the option the right but not the obligation to take delivery of the underlying security at a specific price within a certain time. American options can be exercised at any time up to the expiration date while European Options can be exercised only on the expiration date.
Call rate
The primary or the base size of credit provided by broker. The actual size of the credit is usually defined as a premium/discount expressed as percentages or basis points to the primary size depending on the size and the type of the credit.
Candlestick Chart
A type of chart which shows the price movements of a market asset over a certain period of time. The high and low are plotted as a single line and are referred to as shadows. The price range between the open and the close is plotted as a narrow rectangle and is referred to as the body. If the close is above the open, the body is white. If the close is below the open, the body is black.
Capital Gains
The amount by which the ask price of a security exceeds the bid price.