Forex Glossary

Traders, especially beginners, may not know or understand some Forex terms, so we provide our users with a list of specialized terms with their definitions.

En TermEn Description
AMIEU

stands for Australian Meat Industry Employees' Union. The union represents the interests of workers in the meat industry.

Xie Xuren

is China's Minister of Finance.

APEC (Asia-Pacific Economic Cooperation)

is a forum of 21 Asia-Pacific countries that seeks to promote free trade, investment liberalisation and facilitation across the region, as well as to foster economic growth and strengthen the Asia-Pacific community.

Wolfgang Schaeuble

is a German politician, a member of the Christian Democratic Union of Germany. He has been the Federal Minister of the Interior since 2005 and Federal Minister of Finance since October 2009.

Angela Merkel

is a German politician, a leader of the Christian Democratic Union of Germany since April 10, 2000. Angela Merkel has been the Chancellor of the Federal Republic of Germany since November 22, 2005, when her party won the 2005 federal election. Merkel is the first woman to have become Chancellor of Germany.

Bank Stress Test

is a compulsory condition for high estimation of the risk management system under the Direction of the Central Bank of Russia dd. January 16, 2004 No 1379 U "On assessment of the financial stability of the bank with the purpose to confirm it as sufficient for participating in the deposit insurance system".

RWE (Rheinisch-Westfalisches Elektrizitatswerk)

is a German company engaged in selling natural gas. It is second rated after E.ON.

RTS (Russian Trading System)

conducts trades on the stock and derivative markets. Open 10:00 to 23:50 MSK (GMT+4). In December 2011, RTS merged with MICEX into MICEX-RTS. In 2012 the united stock exchange was renamed as OAO Moscow Stock Exchange (MSE).

Shld

stands for the American international trading network founded by Richard Warren Sears and Alva Roebuck in the late nineteenth century. In early 2005, the company, which earlier was part of the industrial rating (Dow Jones Industrial Average), merged with the company Kmart and became known as Sears Holdings Corporation.

Export

means delivering (or shipping) goods or capital abroad.

Back to terms list