Underlying Asset
Futures & DerivativesUnderlying
Asset, index, rate or instrument on which a derivative's value is based.
Trading terms starting with U
Plain-English definitions for trading, broker safety, market structure, and risk terms.
Unrealized P/L
Account & FundingFloating P/L
Profit or loss on open positions not yet realized by closing.
Index measuring the U.S. dollar against a basket of major currencies.
Used Margin
Leverage & MarginReserved margin
Amount of equity set aside to support open leveraged positions.