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Glossary

Initial margin

The deposit a customer needs to make before being allocated a trading limit.

Initial margin requirement

The minimum portion of a new security purchase that an investor must pay for in cash.

Instant execution

The provision of quotes to the trade system without a request. Thus a client may proceed with desired transactions.

Interest rate Carry

The income or cost associated with keeping a foreign exchange position overnight. This is derived when the currency pairs in the position have different interest rates for the same period of time.

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