Forex Game Glossary eng
Balance
The total financial result of all fully executed transactions and deposits/withdrawals to/from an account
Balance of payments
Shows the balance of a country’s overseas payments and payments incoming from abroad over a certain period of time.
Bank Stress Test
Is a compulsory condition for high estimation of the risk management system under the direction of the central bank of russia dd. january 16, 2004 no 1379 u “on assessment of the financial stability of the bank with the purpose to confirm it as sufficient for participating in the deposit insurance system”.
Bar chart
A style of chart on which the top of the vertical line indicates the highest price of an asset for the certain period, while the bottom represents the lowest price. the closing price is displayed on the right side of the bar, and the opening price is shown on the left side.
Barrel
Is a unit of liquid volume which is used on international oil market. price for basic oil brands is estimated in dollars per barrel.
Base currency
Currency unit in which an account, balances, commission fees and payments are nominated and calculated
Base interest rate
The rate of interest used by commercial banks as a basis for their lending rates. determined by a country’s central bank, the base interest rate has a direct impact on the national currency’s exchange rate. this makes monitoring its changes a useful indicator for forex traders.
Bear
Is the market participant who opens sell trades and believes that a currency exchange rate is about to fall.
Bid
Is the demand price; the price at which a market participant is willing to buy the base currency.
Bid price
The price at which an investor can sell an asset on financial markets. the bid price is a part of the formula which is used to calculate the expiry level of an asset.
Bloomberg
Is an american mass media corporation which provides a range of informational services from world finance platforms.
Bloomberg Banks Stress Test Index
Tracks the us banks whose balance sheets will be reviewed by us regulators to see how much capital the banks will require to meet the standards in the current economic environment. tests would be applied to banks posessing over $100 billion in assets.
BNP Paribas
Is a financial conglomerate, one of the world’s largest and reliable banks. according to standard & poor’s the bank’s current rating is aa. it has offices in 80 countries all over the world and headquarters in paris, geneva, and london with the total amount of employees totaling 200 thousands of people.
Brent
Is a standard oil brand which is sourced near the european shoreline in the north sea. this brand is famous for low percentage of sulfur which makes it attractive for oil-processing companies. brent is a pricing benchmark for almost 40% of all global oil brands. it is traded on international oil markets.
Brokerage
Is the fee or commission paid to a broker for the services rendered. the amount of the brokerage is usually proportionate to the deals’ value.