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WDIS Futures: Fourth Generation

Forex Day 2

WDIS Futures: Fourth Generation

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Forex Information Sheet

Today, Chris and Pete have their second discussion on the Forex Futures. The Forex market is a great place to trade small and big with various liquid products and opportunistic correlations.

Important Jargon:

  • The currency to the left is called the base currency

  • The currency to the right is called the quote currency

  • The quote currency tells us how much it is worth against 1 unit of the base currency

They also discuss currency pairs and how to notionally weight them.

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