Glossary

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Range
The high and low prices, or high and low bids and offers, recorded during a specified time.

Rate
1) For the currency pair: value of the base currency unit, denominated in the quoted currency;
2) For CFD: value of the basic asset unit, denominated in cash.

Reference rate
A benchmark interest rate (such as LIBOR)

Repo
An agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price.

Rollover
A charge that is incurred by Forex investors who rollover their positions to the following delivery date.

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