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Settlement
The process through which a trade is completed.
Short Trade
A trade that benefits from a bearish market.
Spot Price
Current market price of an asset. It is used as reference to perform transactions within two business days.
Spread
It's the difference between buy and sell price, as known as bid and ask prices.
Sterling
How the British pounds are sometimes referred to.
Stop Loss Order
An order with characteristics similar to the limit order. They have the same variables (Price and Duration), but the Stop Loss Order is used to limit potential transaction losses, while limit orders are used to reenter the market or set profits.
Support Levels
A technical analysis tool used to mark given top, high, and low levels that the trend must change and correct. The opposite of Resistance Level.
Swap
In Forex, swapping means to simultaneously buy and sell the same amount of a given currency at different prices.