Risk warning: Trading is risky. Your capital is at risk. FT Global Ltd is regulated by IFSC.
Risk warning: Trading is risky. Your capital is at risk. FT Global Ltd is regulated by IFSC.

Forex Glossary

The Industry's Most Important Terms Explained

The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!


Open Interest

The total number of outstanding (long or short) contracts at the end of the trading day.  Open Interest applies to futures and options markets.

Buyer                       Sell                 Comment              Open Interest

New Long                New Short    New Position                   ↑

New Long                Old Short      Not new Position            − −

Old Long                  New Short    Not new Position            − −    

Old Long                  Old Short      Old Position                     ↓

Category: Technical Analysis

Scroll Top