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STARTRADER星邁的強勢崛起

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之一

STARTRADER星邁的強勢崛起

全球成長最快的經紀商
之一

交易術語

術語交易指交易者運用預定義的術語體系、概念框架及行業指標進行決策的策略類型,涵蓋專業術語、金融指標與分析工具,助您高效駕馭市場。

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Trailing Stop Loss

A stop loss order that adjusts as the price moves favourably. It rises with price increases but maintains its level during drops. If the price goes below the stop price, the position automatically closes, limiting losses.

Transaction Risk

A company can agree on a price today but receive the money months later. If the payment is in a foreign currency, its home-currency value may change before settlement. This is transaction risk. A UK exporter expecting €100,000 knows the euro amount, but not exactly how many pounds it will receive when the customer pays. A weaker euro would reduce the sterling value. Companies may manage this exposure with forward contracts, options, matching foreign-currency costs, or earlier payment terms. The risk comes from an identified future payment or receipt, which separates it from the broader effect that currencies may have on a company’s overall business value.

Transparency

In a transparent market, participants can obtain clear and reliable information about prices, rules, costs, trades, and the products being offered. Pre-trade transparency shows available bids and offers. Post-trade transparency reports completed prices and volume. Company disclosures and fund reports provide another form by explaining finances, risks, and holdings. Transparency helps people compare choices and detect unusual activity, but it does not remove market risk or guarantee that every participant has identical information at the same moment. Some markets show a full public order book, while others rely on private dealer quotes. The word describes how visible the market is, not how safe it is.

Treasuries

Treasuries are debt securities issued by the US Department of the Treasury to finance the federal government. Investors lend money to the government and receive repayment according to the security’s terms. The name covers Treasury bills, notes, bonds, inflation-protected securities, and floating-rate notes. Bills are short-term, notes cover medium maturities, and bonds extend further into the future. Treasuries are actively traded and commonly used as reference rates for other borrowing. They are backed by the US government, but their market prices can still fall when interest rates rise. “Treasuries” refers to the full family, not only the long-term Treasury bond.

Treasury Bills

Treasury bills, often called T-bills, are short-term US government securities that mature in one year or less. They do not make regular interest payments. Instead, they are usually sold for less than their face value, and the investor receives the full face value at maturity. Paying $9,800 for a bill that returns $10,000 creates a $200 return before taxes or costs. Current Treasury bill terms range from a few weeks to one year. Their quoted yield allows different maturities and prices to be compared. Bills are not the same as Treasury notes and bonds, which last longer and normally pay interest every six months.

Treasury Bonds

Treasury bonds are long-term debt issued by the US government. Newly issued bonds currently have maturities of 20 or 30 years and pay a fixed rate of interest every six months. At maturity, the investor receives the bond’s face value. The fixed payments make their value sensitive to changing market rates. When newly issued bonds offer higher interest, an older lower-paying bond may need to fall in price to remain attractive. Long maturity also makes inflation expectations important because future payments may buy less in real terms. Treasury bonds are one part of the wider Treasury market and should not be used as a name for every government security.

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