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Forex glossary - P
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PBOT - abbreviation for Philadelphia Board of Trade.
Pips - ten-thousandths of the price, i.e. 0.0001. Also known as Points.
Position - long or short commitment in the market.
Price Limit Order - a type of order that determines the price at which a trade can be executed.
Producer Price Index (PPI) - A fundamental index that shows the cost of resources used to produce manufactured goods during the previous month.
Put Option - a type of option that gives the option buyer the right to sell the underlying futures contract at a particular price on or before a particular date.
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The following terms will appear in the glossary soon:
- Par
- Pardon
- Partnership
- Party
- Payment-In-Kind Program
- Pegged Price
- Pegging
- Performance Bond
- Performance Bond Call
- Performance Bond Margin
- Permanent Injunction
- Permanently Enjoin
- Petition
- Petition for Review
- Petition to Stay
- Pit
- Pleadings
- Point
- Point and Figure Charts
- Point Balance
- Political Risk
- Pool
- Pool Operator
- Position Day
- Position Limit
- Position Trader
- Positive Carry
- Positive Yield Curve
- Power of Attorney
- Prearranged Trading
- Preliminary Hearing
- Preliminary Injunction
- Premium
- Premium Refers
- Price Discovery
- Price Limit
- Price Transparency
- Primary Dealer
- Primary Market
- Prime Rate
- Principal
- Pro Se
- Profit Taking
- Program Trading
- Project A
- Promotional Material
- Proof of Service
- Pulpit
- Punitive Damages
- Purchase and Sell Statement
- Purchasing Hedge or Long Hedge
- Pyramiding