An illiquid, slippery or choppy market environment; a light-volume market that produces erratic trading conditions.
A market in which assets are difficult to sell due to a lack of interested buyers or available assets, often with large bid-ask spreads. Sellers may be forced to lower prices or hold assets longer than preferred to convert them to cash without losing significant value.
Read full definitionA market in which an asset’s price shows no clear trend but instead experiences many smaller fluctuations.
Read full definitionA term used when the market feels like it is ready for a quick move in any direction.
Read full definitionA description of traders and/or price action acting with conviction.
Read full definitionThe simultaneous buying and selling of the same currency in different markets to profit from small price differences. The strategy exploits temporary inefficiencies in FX markets.
Read full definitionAn instruction given to a dealer to buy or sell at the best rate that can be obtained at a specific time.
Read full definitionAn instruction given to a dealer to buy or sell at a specific price or better.
Read full definitionA third party coordinating the sale of financial securities between sellers and buyers. Exchanges only accept orders from their members, so traders and investors use brokers as intermediaries; brokers are compensated through commissions, fees or payment from the exchange.
Read full definitionTraders who expect prices to rise and who may be holding long positions.
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