Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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

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