Metrics that can only be found out after an event happens, confirming a pattern occurring over time. The unemployment rate and the Consumer Price Index (CPI) are the most closely watched lagging indicators. Changes in employment and inflation are the most telltale indicators of the overall state of the economy. They are often used together with leading and coincident indicators to show a complete picture of the past, present, and possible future state of the economy.

Latency is a time interval between the moment an order is placed in the Client Terminal and the moment the trading server responds.

Metrics that show economists and investors possible future events and help in anticipating trends. There are three indicators specialists look at:

1. New housing: if the number of new developments starts to rise, developers and builders feel optimistic about the future demand for new homes
2. Overall money supply: if plenty of money is in the economy—in consumers' wallets, bank accounts, and business accounts, it's a sign that the economy is expected to be strong
3. Bond yields: bond traders are proficient in anticipating trends, so following them is a great way to get a look ahead.

They are often used together with llagging and coincident indicators to show a complete picture of the past, present, and possible future state of the economy.

Leverage is a virtual credit provided by the broker to a client. Leverage affects your margin requirements, i.e. the higher the ratio is, the lower required margin will be, i.e. with leverage 1:500 your initial margin will be 500 times less than the contract size. For example, the current EUR/USD bid is 1.13501 and you would like to open 0.5 lots Sell order. If your leverage is 1:500 the margin required for such order can be calculated like this: 50 000 EUR (contract size) * 1.13501 (current Bid)/500(your leverage)= 113.50 USD. With 1:200 leverage, the required margin is 283.75 USD. Learn how to start trading and calculate leverage in our educational section here.

In general, it is something owed to somebody else. Although it can bear several meanings—like a legal or regulatory risk or an obligation—in economics, it means a financial obligation. In accounting, liabilities are booked in opposition to the company's assets.

Is an order to open a position at specified price or better. Until the price is reached the order is considered to be pending and does not affect account equity or free margin. For a buy limit order open price should be below the current ask price. Sell limit order price should be above current bid.

Is a chart type created by connecting the closing price for each interval with a line.

A condition in the market where an asset can be sold quickly and efficiently while not causing a significant movement in price or loss in value. Liquidity is based on the number of active traders and the overall trading volume at any given time. It varies throughout the day, and it's essential to remember that the liquidity behind each price is limited and may not be sufficient to fill a particular order.

Is company, a bank or a financial institution that quotes both a buy and a sell price in a financial instrument or commodity.

A digital cryptocurrency which provides secure and fast transactions within the blockchain. The main difference from Bitcoin (and the key benefit of a Litecoin) is its capability of processing much higher volumes in one transaction.

The Interest rate used in the London Interbank market for more than 40 years, which is a key benchmark for setting interest rates all across the board. However, since January 2022, Libor has been replaced in the U.S. by the Secured Overnight Financing Rate (SOFR), which is considered a more secure and accurate pricing benchmark.

Purchase of a financial instrument with a view that its value will rise—opened by a Buy order and closed by a Sell order.

A Forex slang term for the Canadian dollar and the USDCAD pair. Get USDCAD live charts and quotes.

A measure of order’s volume. One standard lot (or round lot of 1.00) equals 100,000 units of a base currency, 10,000 units (0.1 lot) of a base currency are referred to as a mini lot, and 1,000 units of a base currency (0.01 lot) comprise a micro lot.