LIBOR stands for London Interbank Offered Rate. LIBOR is a daily reference rate that declares the interest rate at which the Interbank will be lending money to the other Interbank that are functioning in the wholesale financial market.
The LIBOR will be higher than the rate at which the London Interbank is ready to accept deposits for. more
Slippage is the difference between the price at which your order got filled and the price at which you actually expect it to be filled. Slippage is normally a kind of loss. This usually happens when you place a market order or stop loss. If the political or economic climate of the world changes, there might be an increased volatility in the forex market resulting in the prices shifting more rapidly, causing prices to gap thereby causing slippage if you are stopped out. more
A Two-Way price is a quote in which both the bid and offer are quoted. The two-way price also provides the spread between the bid and the ask price thus providing traders with an idea of the existing liquidity in the security. A last trade quote refers to only the price at which the security last traded. The two-way price gives more data to users than a last-trade quote. more
The National currency of Syria is Syrian pound. One pound is divided into 100 piastre.The ISO 4217 code is CHF. The coins in current use are 1, 2, 5, 10, 25 pounds.
The currency notes in circulation are 1, 5, 10, 25, 50, 100, 200, 500, 1000 pounds. The Central Bank is Central Bank of Syria. more
The National currency of Samoa is Samoan Tala. The symbol is WS$. One tala is divided into 100 sene. The ISO 4217 code is WST. The coins in current use are 1, 5, 10, 20, 50 sene and 1 tala.
The currency notes in circulation are 2, 5, 10, 20, 50, and 100 tala. The Central Bank is Central Bank of Samoa.
In 1967, coins were minted for 1, 2, 5, 10, 20 and 50 sene. These coins were casted, except for the bronze 1 and 2 sene in cupro-nickel. Aluminium-bronze 1 tala coins were issued in 1984. more
The currency pair represents two currencies, one that is being sold and one that is being bought.
The first currency represented in the currency pair is the base currency also known as the transaction currency.
The second currency represented in the currency pair is the quote currency also known as the counter currency or payment currency.
A typical quote of a currency pair will detail on how many pairs of counter currency will be required to get one unit of base currency. more
