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Forex glossary - M
M0 - Cash in circulation . Only used by the UK.
M1 - Cash in circulation plus demand deposits at commercial banks.
M2 - Includes demand deposits time deposits and money market mutual funds excluding large CDs.
M3 - In the UK it is M1 plus public and private sector time deposits and sight deposits held by the public sector.
M4 - In the US it is M2 plus negotiable CDs.
MACE - abbreviation for MidAmerica Commodity Exchange.
MGE - abbreviation for Minneapolis Grain Exchange
MIDAM - abbreviation for MidAmerica Commodity Exchange.
MIT - abbreviation for Market-If-Touched.
MITI - abbreviation for Japanese ministry of International Trade & Industry.
MM - abbreviation for Money Markets.
MRA - abbreviation for Member Responsibility Action.
Margin - The required sum that an investor must deposit to guarantee a position.
Market Maker - A dealer who regularly quotes both bid and ask prices and is ready to make a two-sided market for any financial instrument.
Market Order - An order to buy or sell a futures contract of a given delivery month to be filled at the best possible price and as soon as possible.
Market Risk - Exposure to fluctuates in market prices.
Mechanical System - The computer system of Forex market trading generating forex signals.
Monetary Policy - a credit policy of the certain country.
Money Supply - The amount of money in the economy of the certain country.
Moving Average - the technical indicator used for definition of the tendency in the market.
Mutual fund - An open-end investment company.
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