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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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Top of Book

The top of book is the best buying price and the best selling price currently visible in an order book. It also normally shows how much quantity is available at each price. If the highest bid is $20.00 for 500 shares and the lowest offer is $20.05 for 300, those two orders form the top of book. A market order larger than 300 shares may buy the first 300 at $20.05 and continue at higher prices. The top therefore shows only the first available layer, not all market depth. Prices and quantities can change rapidly as orders arrive, trade, or are cancelled.

Total Supply

Total supply is a crypto measure showing how many units of a token currently exist. It normally includes coins that are circulating and coins that have been created but remain locked, reserved, or otherwise unavailable to the public. Units permanently destroyed through burning are usually removed from the total. This makes total supply different from circulating supply, which counts units available in the market. It also differs from maximum supply, which is the highest number the rules may ever allow. A token can therefore have a total supply of one billion, a circulating supply of 600 million, and a maximum supply of two billion.

Total Vehicle Sales

Total Vehicle Sales is a monthly economic indicator showing the pace of new vehicle sales, usually in the United States. The headline often includes passenger cars and light trucks and is presented as a seasonally adjusted annual rate. A reading of 16 million does not mean 16 million vehicles were sold that month. It means the month’s pace would equal about 16 million over a full year after seasonal adjustment. Vehicle purchases are expensive and often financed, so the data can reveal changes in consumer confidence, borrowing conditions, and demand for manufactured goods. Temporary discounts or supply shortages can create sharp monthly changes.

Trade balance

The difference between a country’s exports and imports of goods and services.

Trade Barriers

Trade barriers are government measures that make international buying or selling harder or more expensive. Tariffs are one example, but the category is wider. Import quotas, product bans, licensing rules, local-content requirements, and lengthy customs procedures can also restrict trade. Some rules protect health, safety, or the environment, while others are designed to favour local producers. A product may face no import tax but still be difficult to sell because it must complete costly testing or approval. The effect depends on how the measure is designed and applied. “Trade barrier” therefore describes both direct charges and non-tax obstacles.

Trade confirmation

After a broker completes a purchase or sale, the client receives a trade confirmation. This record normally shows the asset, quantity, execution price, transaction date, settlement details, and any commission or fees. It may also state whether the broker acted as an agent for the client or as the other side of the trade. The confirmation is not simply a receipt to be ignored. It should be checked against the original instruction. A wrong quantity, unexpected fee, or unfamiliar trade should be reported promptly. Account statements show the wider portfolio, while confirmations provide the details of individual transactions.

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