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An Introduction to Trading in the Financial Markets: Trading, Markets, Instruments, and Processes by R. Tee Williams

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Glossary

Absolute price The actual price of an instrument in contrast to the relative price of one instrument compared to another. Usually, an actual price is most important when a single instrument is being evaluated, perhaps in comparison to its presumed intrinsic value or worth. (See also “Relative price.”)

Accommodations or accommodation trades A transaction or other activity that is incidental to the primary activity. For example, when an instrument is bought or sold in another country a foreign exchange transaction must take place at the same time as the instrument trade. The FX transaction is known as an accommodation trade.

Acrobat A commonly used file format developed by Adobe that permits delivery of documents electronically that can ...

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