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Forex glossary - N

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NAV - abbreviation for Net Asset Value.

Narrow Market - The market characterized by a small amount of the participants, low volumes and significant fluctuations of the prices.

NFA - abbreviation for National Futures Association.

NFA Associate Member - abbreviation for Associate Member.

NYBT or NYBOT - abbreviation for New York Board of Trade.

NYCE - abbreviation for New York Cotton Exchange.

NYFE - abbreviation for New York Futures Exchange.

NYME or NYMEX - abbreviation for New York Mercantile Exchange.

NYMEX - abbreviation for New York Mercantile Exchange.

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The following terms will appear in the glossary soon:

• Naked Call
• Naked Option
• Naked Put
• National Futures Association (NFA)
• National Introducing Brokers Association
• Nearby (Delivery) Month
• Necessary Margin
• Negative Carry
• Negative Yield Curve
• Net Asset Value (NAV)
• Net Capital
• Net Performance
• Net Position
• No-Action Floor Trader
• Nolo Contendere
• Nominal Price
• Non Member Panel
• Notice Day
• Notice of Appeal
• Notice of Intent
• Notional Amount