// TRADING TERMINOLOGY

What is Exotic Pairs?

Currency pairs that consist of one major currency and one from a developing or emerging economy.

In-Depth Explanation

Exotics have lower liquidity and much wider spreads than majors or minors. Examples include USD/TRY (Turkish Lira) or USD/ZAR (South African Rand).

"Trading USD/MXN is considered trading an exotic pair and requires higher margin."

The most heavily traded currency pairs in the world, all of which contain the US Dollar.

The ease with which an asset can be bought or sold without affecting its price.

A market condition where prices are rising or expected to rise.

A market condition where prices are falling or expected to fall.

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