What is a yard in forex forex account hdfc

5 stars based on 53 reviews

Yard is derived from the term "milliard" which is used in some European languages and is equivalent to the number one billion used in American English.

what is a yard in forex

Forex Terminology - Yard: Forex term for a billion units. forex trading.Yard Definition - A yard is trading slang for 1 billion units of a particular currency. The correct term is a millard, which means one thousand...

In foreign exchange, informal for one billion. On an open outcry exchange, a trader may bid or offer one yard of a currency instead of one billion in order to avoid ...For example, if in a forex market, one wants to buy a billion of USD, he would say that he wants to buy a yard of USD instead of using a billion USD. This ensures ...A yard is investment banking slang for a billion. A yard may refer to a volume or to a value of 1,000,000,000. Its original advantage over the word "billion" is that it ...

Jigsaw trading demo

Aug 22, 2008 ... Trading slang term for 1 Billion units. A standard lot is 100000 units of currency, so an order with a lot size of 1 Yard would be for 10000...I think the price would actually fall with big trades like that, For someone to sell you a yard the want better than market price and would offer it ...1 yard or 1 lag (wonder if its spelled this way?) so how big are they supposed to be? all i know is 1 dollar means 1million $ lot size. and also on ...