Liquidity
How easily a currency can be bought or sold without moving the price. Liquidity is highest in the majors during the London–New York overlap.
Related terms
Spread
The difference between the bid and ask price, and the main cost of…
Trading session
The active hours of a major financial centre. Forex is usually…
Flash crash
A sudden, very fast price collapse and rebound, usually in thin…
Interbank market
The network of large banks that trade currencies directly with one…
Volume
The amount traded. Spot forex has no central exchange, so…
Account currency
The currency your trading account is held in. Profits, losses and…