Random article: Forex Currency Pair | Key Forex Terms
International exchange market (Currency exchange) — is the exchange, where operations on purchase and sale of currency take place between participants of the Forex market;
Currency operations – contracts of participants of currency market on purchase and sale and settlement, conversion operations etc.;
Currency rate (currency quote) — the price of currency unit of one country expressed in currency unit of another country.
Open position – is the trade for purchase/sale, which is not closed and is present on market.