Forex Accronyms

ADR - American Depositary Receipts (the issuance of ADS')

ADS - American Depositary Share (dollar-denominated equity share of a foreign-listed company available through depository banks).

BIS - Bank for International Settlements monitors balances of payment between countries and is based in Basel, Switzerland

BOC - Bank of Canada is Canada's central bank based in Ottawa

BOJ - Bank of Japan is Japan's central bank based in Tokyo

BOP - International Balance of Payments is a record of all transactions between countries

CIC - China Investment Corporation

CTA - Commodity Trading Advisor

ECB - European Central Bank

EMS- European Monetary System

ESF - Exchange Stabilization Fund

FCCB - Foreign Currency Convertible Bond

FX - Forex

IMF - International Monetary Fund is a dollar-denominated bank based in Washington, DC that monitors world economy and loans to developing countries

NDF - Non-deliverable forward

NDS - Non-deliverable swap

NEER - National Effective Exchange Rate

PPP - Purchasing Power Parity

SDR - Special Drawing Rights

SPOT - Single Payment Options Trading

T/P - Take Profit Order

UIP - Uncovered Interest Rate Parity

USDX - US Dollar Index

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