Forex Glossary
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Abandon
Abandon literally means rejection (from the French. Abandon). As applied to the sphere of financial operations, abandon can be a waiver of any right or property, withdrawal from a transaction, waiver of using an option until its full expiration date.
Accelerator/Decelerator
The Accelerator/Decelerator technical indicator shows the acceleration or deceleration of the current market driving force.
Accumulation/Distribution
Accumulation/Distribution is an indicator designed to reflect cumulative inflows and outflows of money by comparing closing prices with corresponding highs and lows.
ADR (American Depository Receipts)
The American Depositary Receipt is used to trade in securities of foreign companies in the United States. Shares of foreign companies are acquired by the American depositary bank in the process of listing these shares on US stock exchanges. This scheme has been used since 1927. Receipts (ADRs) are denominated in US dollars. In the same way, they are freely traded in Europe. ADRs are a tool for raising capital in the US and international markets. They may have different names that meet the requirements of a particular market.
AMEX (American Stock Exchange)
World Stock Exchange, which grew out of a small company of stock traders in the second largest US stock exchange. Its distinctive feature is that shares of firms that are in the development stage (small and medium business) are traded here. Two major indices are calculated on this exchange: AMEX Major Market Index and AMEX Market Value Index.
Arbitrage
Simultaneous purchase of an undervalued financial asset and sale of its overvalued equivalent in order to make further risk-free profit from the price difference of assets which emerged as a result of temporary market inefficiency.
Ascending Triangle
The Ascending triangle graphical price pattern is a chart pattern of an existing trend continuation, which is usually formed in an uptrend and confirms its further direction.
AUDUSD
The Australian dollar and the US dollar currency pair. In this pair the Australian dollar is the base currency, and the US dollar is the quoted one.
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