Trading glossary

Cash value of a trading account after closed trades, deposits, withdrawals and fees.

Currency used to report account balance, equity, margin, profit and loss.

Real-time account value including balance plus or minus floating profit and loss.

Report showing transactions, trades, deposits, withdrawals, fees, swaps and account values.

Investor meeting specific financial or professional criteria for private offerings.

Interest earned on a bond since the last coupon payment but not yet paid.

Investment approach where a manager selects assets to try to outperform a benchmark.

Marketing partner who refers clients or traffic and earns compensation under an agreement.

Trading outside the regular exchange session, often with lower liquidity and wider spreads.

Use of coded rules to generate, route or manage trading orders automatically.