Home > For beginners > Glossary of terms > M

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.

---

Forex Dictionary:  A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   Y