Glossary of Terms

Search common forex trading terms and definitions from A to Z.

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Below is a glossary of terms that are used in the online trading industry. Select the first letter of the word you are seeking from the list above to jump to the appropriate section of the glossary.

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GBP

The official currency code for the British pound sterling.

GDP

An abbreviation for gross domestic profit, one of the primary indicators used to measure the health of a country’s economy.

Germany 30

What is GERMANY 30?

The GER 30 (indicative of the DAX 30) is an index that tracks the 30 largest companies being traded on the Frankfurt Stock Exchange (FWB), as measured by market capitalization and order book volume. Fortrade offers futures contracts on the index, with trading hours Monday-Friday, 07:01 – 20:59 GMT.

The idea of a stock market index is to measure how a certain segment of stocks on a particular exchange are trading, and it can be an effective indicator of the general stock market.

Among the major stocks measured on the GERMANY 30 are Bayer, Adidas, Deutsche Bank, and BMW.

How do forex traders use GERMANY 30?

Because the Germany 30 is a leading indicator of the major stocks being traded on the German stock exchange, CFD traders are able to learn a great deal about which stocks are worth watching closely, and which are to be avoided. Seeing whether the GERMANY 30 is bullish or bearish, traders gain a strong tool for developing a trading strategy.

Links related to GERMANY 30

GMT

Greenwich mean time, the most commonly referred time zone in the forex market. Often interchangeable with coordinated universal time (UTC).

Gold Contract

One of the most actively-traded commodities on the market. The standard trading unit for one contract is 10 troy ounces. For more information on this commodity click here.

Government Bond

A debt security issued by a national government, generally with a promise to pay periodic interest payments at the security’s maturity or end date. In most cases, a government bond is issued in the country’s own currency. Also called “sovereign bond”.

Gross Earnings

An individual person, business or company’s taxable income before deducting expenditures (credits and taxes).

Did you know?
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