Tài liệu tham khảo Mẫu hợp đồng bảo lãnh bằng giá trị quyền sử dụng đất, tài sản gắn liền với đất | Glossary 317 Interbank rates The foreign exchange rates at which large international banks quote other large international banks. intervention Action by a central bank to affect the value of its currency by entering the market. Concerted intervention refers to action by a number of central banks to control exchange rates. in the money For a call option when the call price is above the strike price. For a put option when the put price is below the strike price. Introducing Broker IB Generally a small broker who relies on a larger brokerdealer to execute his trades and hold fiduciary responsibility for client funds. King Kong syndrome The emotional high that overtakes a trader when he or she does exceptionally well for a period of time such as making a dozen consecutive winning trades. Usually followed by a large losing trade and a reality check. Kiwi Slang for the New Zealand Dollar. leading indicators Statistics that are considered to predict future economic activity. leverage Also called margin. The ratio of the amount used in a transaction to the required security deposit. LIBOR The London Inter-Bank Offered Rate. Banks use LIBOR when borrowing from another bank. limit order An order with restrictions on the maximum price to be paid or the minimum price to be received. As an example if the current price of USD YEN is 05 then a limit order to buy USD would be at a price below 102 that is . liquidation The closing of an existing position through the execution of an offsetting transaction. liquidity The ability of a market to accept large transactions with minimal to no impact on price stability also the ability to enter and exit a market quickly. See thin. liquidity provider Typically banks that feed bids and asks to broker-dealers. Sometimes ECNs act as liquidity providers for smaller brokerage firms. long position A position that appreciates in value if market prices increase. When the base currency in the pair is bought the position is said to be .
