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A B C D E F G H I K L M N O P Q R S T U V W Y Z

A position not covered by an offsetting position.

A short call option position in which the writer does not own the underlying product represented by the option contracts.

A firm, usually an investment bank, that buys an issue of securities from a company and resells it to investors.

Acting as the underwriter in the issue of new securities for a firm.

An exchange rate is normally considered to be undervalued when it is below its purchasing power parity.

The percentage of the people classified as unemployed as compared to the total labor force.

Items in the current account of the balance of payments of a country that correspond to gifts from foreigners or pension payments to foreign residents who once worked in the particular country.

A transaction executed at a price greater than the previous transaction.

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Trading CFD's or Spot FX carries a high risk to your capital and can result in losses that exceed your deposits. CFDs and Spot FX are leveraged products. Trading CFD's or Spot FX carries a high risk to your capital and can result in losses that exceed your deposits. You should not engage in this form of investing unless you understand the nature of the Transaction you are entering into and the true extent of your exposure to the risk of loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.