Forex Game Glossary eng
RBA
Stands for reserve bank of australia. the bank is responsible for australia’s monetary policy, works to maintain a strong financial system and issues the nation’s banknotes.
RBC (RosBusinessConsulting)
Is a russian media group operating in the internet, mass media, and on tv. it embraces the rosbusinessconsulting information agency, a news website, the quote.rbc.ru business analytics portal, and the rbc daily weekly analytical newspaper.
RBI
Is an investment holding company, one of the biggest players in the housing and construction markets. the rbi headquarters are located in saint petersburg. the company operates in the segments of residential and commercial construction.
Repo
A repurchase agreement where a seller agrees to buy assets back from a buyer at a predetermined price.
Retracement
A reversal in the direction of a price movement or its pullback from a previous low or high.
Rising trend
Occurs, when every following value of the wave curve is higher than the previous rate value. the lows of the waves are connected with a straight line – the trend line
Rollover
Is closure of an expired position at current market price and simultaneous opening of the exact same position; the method of carrying the position overnight
RTS (Russian Trading System)
Conducts trades on the stock and derivative markets. open 10:00 to 23:50 msk (gmt+4). in december 2011, rts merged with micex into micex-rts. in 2012 the united stock exchange was renamed as oao moscow stock exchange (mse).
RusRating
Is an independent national rating agency accredited by the ministry of finance of the russian federation. it has been operating since 2001. the agency focuses on banks’ credit ratings.