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 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 MoreAsian Session Forex Recap – Feb. 6, 2017
Whether it’s due to Super Bowl or uncertainty over the week ahead, forex price action barely saw action during the Asian session. Here’s what’s up!
Read MoreU.S. Session Forex Recap – Jan. 27, 2017
Not even a couple of downbeat reports could keep the dollar down in the latest New York session, as talks of financial deregulation gave the currency a boost.
Read More