| 1. | S/N Roll | See Spot/Next Roll. |
| 2. | Same Day Transaction | A position that is opened and closed on the same day. |
| 3. | Sell Limit Order | An order to execute a transaction only at a specified price (the limit) or higher. |
| 4. | Sell Stop | A limit order with a limit placed below the current market price. Once triggered, the limit order becomes a market order. |
| 5. | Selling Rate | Same as the Ask or Offer rate. |
| 6. | Selling Short | Selling a currency pair that involves being short the base currency and long the quote currency, with the intent of buying the currency pair at a later time when prices are lower in order More… |
| 7. | Settlement | The physical delivery of currencies made when a contract matures. In forex, it is usually two days after the trade. In practice, traders don't take delivery, but profits and losses are More… |
| 8. | Settlement Date | In forex, the date when physical delivery must take place. For most currency pairs it is two days after the trade date. However, the USD/CAD currency pair settles one day after its trade More… |
| 9. | Settlement Risk | Loss as a result of one's counter-party being unable to settle. |
| 10. | Short | Selling a currency pair that involves being short the base currency and long the quote currency, with the intent of buying the currency pair at a later time when prices are lower in order More… |
| 11. | Short Call | An option that obliges the seller to sell the underlying asset to the buyer. |
| 12. | Short Covering | Buying the exact same units of a currency pair to offset an earlier short sale of the same currency pair. |
| 13. | Short Position | In foreign exchange, when a currency pair is sold, the position is said to be short. It is understood that the primary currency in the pair is 'short', and the secondary currency More… |
| 14. | Short Put | An option which obliges the seller to buy the underlying asset from the buyer. |
| 15. | Short Sale | See Selling Short. |
| 16. | Short Squeeze | When short sellers frantically scramble to cover their short positions as the market is experiencing a sharp upward movement. The attempt exacerbates the problem because more buying makes More… |
| 17. | Shout Option | An option that lets the holder lock in profits while continuing to participate in the movement of the underlying asset. |
| 18. | Sidelined | When there is above ordinary interest in a currency pair, other major currency pairs that are thinly traded as a result of this are considered sidelined. |
| 19. | Slippage | It's the experience of not getting filled at (or even very close to…) your expected price when you place a market order or stop loss. This can happen because either: market price is More… |
| 20. | Society for World-wide Interbank Telecommunications | Global electronic network for forex settlement, whose office is based in Belgium. Known for the SWIFT Code, which is an 8 or 11 alphanumeric character international standard that uniquely More… |
