Forex brokers in india|Forex India|Forex Broker India broker

Back Office
The departments and processes related to the settlement of financial transactions (i.e. written confirmation and settlement of trades, record keeping).

Balance of Payments
A record of a nations claims of transactions with the rest of the world over a particular time period. These include merchandise, services and capital flows.

Balance of Trade
The value of a country's exports minus its imports.

Bar Chart
A type of chart which consists of four significant points: the high and the low prices, which form the vertical bar, the opening price, which is marked with a little horizontal line to the left of the bar, and the closing price, which is marked with a little horizontal line of the right of the bar.

Basis Point
One hundredth of a percent.

Bear
An investor who believes that prices/the market will decline.

Bear Market
A market distinguished by a prolonged period of declining prices accompanied with widespread pessimism.

BID
One per cent of one per cent. The difference between 3.75% and 3.76%.

Bear market
A market distinguished by a prolonged period of declining prices accompanied with widespread pessimism.

BID
The price that a buyer is prepared to purchase at; the price offered for a currency.

Bonds
Bonds are tradable instruments (debt securities) which are issued by a borrower to raise capital. They pay either fixed or floating interest, known as the coupon. As interest rates fall, bond prices rise and vice versa.

Bretton Woods Agreement of 1944
An agreement that established fixed foreign exchange rates for major currencies, provided for central bank intervention in the currency markets, and pegged the price of gold at US $35 per ounce. The agreement lasted until 1971, when President Nixon overturned the Bretton Woods agreement and established a floating exchange rate for the major currencies.

Broker
An individual, or firm, that acts as an intermediary, putting together buyers and sellers usually for a fee or commission. In contrast, a `dealer` commits capital and takes one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party.

Buba
Bundesbank, Central Bank of Germany

Bull
An investor who believes that prices/the market will rise.

Bull market
A market distinguished by a prolonged period of rising prices. (Opposite of bear market)