Icon close
change language change language فارسی

ظهور استارتریدر

یکی از کارگزاران پیشرو با رشد فوق‌العاده در سطح جهانی

ظهور استارتریدر

یکی از کارگزاران پیشرو با رشد فوق‌العاده در سطح جهانی

واژه‌نامه معامله‌گری

واژه‌نامه معامله‌گری به نوعی استراتژی معاملاتی اشاره دارد که در آن معامله‌گران از مجموعه‌ای از اصطلاحات، تعاریف یا مفاهیم از پیش تعیین‌شده برای اتخاذ تصمیمات آگاهانه استفاده می‌کنند. این استراتژی معمولاً شامل زبان تخصصی صنعت، معیارهای مالی و ابزارهای تحلیلی است که به منظور تحلیل و هدایت مؤثر بازارها به کار می‌روند.

STARTRADER Glossary Financial Icon
همه A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

L

Latency

Latency is the delay between when something happens and when you can act on it. In trading, it is the time it takes for market data to reach you, for your order to travel to the exchange, and for the confirmation to come back. Measured in milliseconds or even microseconds, latency is close to irrelevant for a long-term investor but decisive for anyone competing on speed.

In fast markets, a lower-latency participant may receive price updates and submit orders ahead of a slower one, and that tiny edge, repeated across millions of trades, can contribute to trading performance but does not guarantee profits. This is why high-frequency firms spend heavily to reduce latency, placing their servers physically close to the exchange’s matching engine and paying for the fastest possible data connections.

Example: A high-frequency trading firm pays for co-location, renting rack space in the same data centre as the exchange, so that its orders travel a few metres rather than a few miles and may arrive sooner than orders from competitors located farther away.

Latency-Driven Trading

Latency-driven trading is any strategy whose edge comes primarily from being faster than everyone else, rather than from a better view of value. These approaches seek to take advantage of very short windows in which the same asset is priced differently across venues, or in which fresh information has reached one market but not yet another, and they race to trade on the gap before it closes.

Speed is the entire game, so the firms that do this invest enormous sums in the fastest hardware, co-located servers, and specialised network links, including microwave towers that can offer lower latency than fibre-optic cable over long distances. Critics argue it adds little to real price discovery and amounts to an arms race; defenders say it tightens spreads and links markets together.

Example: When a stock’s price ticks up on one exchange, a latency-driven firm instantly buys the same stock on another exchange where the quote has not yet updated, seeking to sell once the second venue’s quote catches up. The potential gain is a fraction of a cent per share across huge volumes, although execution risks and transaction costs can affect profitability.

Latvian Lati (LVL)

The lats, plural lati, was the currency of Latvia before the country adopted the euro. Carrying the ISO code LVL, it was reintroduced in the early 1990s after Latvia regained its independence, replacing the Soviet rouble, and it became a symbol of the restored national economy. Latvia pegged the lats first to a currency basket and later to the euro as it prepared to join the single currency, and on the first of January 2014 the country switched over, retiring the lats at a fixed conversion rate.

So the LVL is now a historical currency, of interest mainly for context rather than for trading.

Example: A visitor who kept a few lati notes as souvenirs from a trip before 2014 will find they can no longer be spent, though for a limited period the central bank allowed old lats to be exchanged for euros at the official rate that had been locked in when Latvia joined the eurozone.

Leading Economic Indicators

Leading economic indicators are data series that tend to change before the wider economy does, offering an early read on where growth is heading rather than confirming where it has already been. The best-known example is the Conference Board’s Leading Economic Index for the US, a composite that blends ten separate inputs into a single figure designed to help anticipate potential turning points in the business cycle by several months.

Its components include things that naturally move ahead of activity: building permits, new orders for manufacturers, average weekly jobless claims, stock prices, the yield curve, and consumer expectations, among others. Bundling them together smooths out the noise in any single series. Traders and economists watch the index for signals that a slowdown or recovery may be forming.

Example: When the Leading Economic Index falls for several consecutive months while jobless claims climb and building permits sag, analysts start warning that a recession may be on the way, although these indicators do not guarantee that a recession will occur, well before the official GDP figures confirm any contraction.

Leading indicator

An economic indicator that provides insight into future economic activity.

Leads and Lags

Leads and lags describe the way companies and investors deliberately time their cross-border payments and receipts to benefit from, or protect against, expected currency moves. If a business expects a currency it owes money in is about to strengthen, it has an incentive to pay early, or lead, to settle at the prevailing exchange rate. If it expects that currency to weaken, it may delay, or lag, hoping to settle later at a better rate.

Multiply this behaviour across thousands of firms and it can influence the foreign-exchange market and the balance of payments, potentially amplifying a currency’s move as everyone rushes to the same side. The effect is essentially a bet on direction embedded in ordinary trade flows.

Example: An importer convinced the dollar will rise against its home currency settles its dollar invoices ahead of schedule, leading its payments, while exporters expecting the same move hold back on converting their dollar receipts, and the combined timing shift may add to the pressure pushing the dollar higher.

معاملات خود را با یک کارگزار پیشرو جهانی آغاز کنید.

آیا مایلید معامله‌گری را آغاز کنید؟

STARTRADER

Online Trading App

Online App Score
Install
Customer Service
Customer Service
Customer Service
Customer Service