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Reference

Glossary

The language of markets, defined plainly — the terms our coverage uses and what they actually mean.

F

Forex
The market for exchanging one currency for another. It trades over the counter between banks and brokers rather than on a central exchange, around the clock on weekdays.
Futures
A standardised contract to trade an asset at a set price on a future date. Crypto venues also offer perpetual futures, which never expire and use a funding rate to stay near the spot…