Partner Center
Find a Broker
Definition
A transaction that cancels or eliminates all market risk in an open position.
Offsetting Transaction
Categories
Other
Related Terms
-
The execution of one order automatically cancels a previous order. Also referred to as OCO or “one cancels...
-
If you’re looking for additional reading to supplement your forex trading education, you’ve come to the...
-
Currency intervention occurs when one central bank or more buys (or sells) a currency in the foreign...
-
A position trader can be compared to a squatter who sets up a tent in the middle of a crowded shopping...
-
The Federal Open Market Committee (FOMC) is the team behind the US Federal Reserve that controls the...
Related Articles
5 Things to Consider When Scalping or Day Trading
Is short-term forex trading for you? Here are five things you should take into consideration if you’re planning to practice scalping or day trading.
Read MoreAre You Ready for Short-Term Trading?
Think you’re ready to become a short-term trader? Here are five things you should take into consideration if you’re planning to practice scalping or day trading.
Read More
4 Steps to Entering Forex Trade Orders Like a Boss
A single mistake could spell the difference between winning and losing a trade, so it’s important that you develop the habit of carefully entering your trade orders.
Read More4 Steps to Entering Trade Orders Like a Boss
In keeping with the post-summer, back-to-trading theme this week, let’s have a quick rundown of the points you need to remember when placing your trade orders.
Read More