Ask – seller’s price: the price a trader would like to fix for a financial tool. The meaning is equal to “offer/the price of the offer”.

Bid - consumer’s price: the price a dealer would like to buy a financial tool for.

Bid/Ask Spread ("Spread") – a difference between the ask and the bid that is usually reflected in grades or points. The lower is the spread, the better it is for a trader.

Cost of Carry (also "Interest" or "Premium") – cost of supporting a position (commission or swap) – the expenses often reflected in USD per day or grades/points per day, spent for supporting an open position.

Currency Futures – futures agreements traded on stock, most often on the Chicago merchant stock (CME). The Futures quotes are often quoted as the currency rate to USD. The futures contracts are standardized by the stock.

Drawdown – reflects the volume or the scale of an account drawdown counted in US Dollars or percents. It measures the distance between the maximum and the next minimum. For example, if a trader’s account rises from 10 000$ to 20 000$, and than hits 15000$ and reaches 25 000$, the maximal drawdown coefficient for this account is 5 000$ (when the 25 000 position was lost for 15 000$), even if the trader’s account never was negative.

EBS - "electronic broker system" used by major banks for executing operations. Is considered the most precise marker of prices really traded, especially for EUR/USD and USD/JPY pairs.