Trading terms starting with B

Operational functions behind a broker, including reporting, reconciliation and payments.

Testing a strategy against historical data to estimate past hypothetical performance.

Futures structure where later contracts trade below near-term contracts.

Account value after only closed transactions are considered.

Interest rate set by a central bank that influences borrowing costs and currencies.

Chart showing open, high, low and close prices for each period.

First currency in a currency pair; the currency being bought or sold.

Difference between the spot price and the related futures price.

One hundredth of one percentage point, equal to 0.01%.

Sustained market decline with broadly negative investor sentiment.