Sunday, 17 March 2013

TRADER'S DICTIONARY - K

dictionary1

Kiwi
Slang term for the New Zealand Dollar.

Key Currency
The act of linking one currency to another, usually undertaken by a small country towards that of a major trading partner.

Knock In
Refers to the process whereby a European barrier option becomes active as the underlying option is in the money.

Knock Out
Refers to the process whereby a European barrier option becomes inactive as the underlying option has fallen out of the money. Sign up now and join the community of traders who earn more than others!

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