Broker

TradingKeyTue, Apr 15

A broker is a financial intermediary that connects counterparties to a transaction without being involved in it themselves.

In the forex market, a broker is an agent or firm that carries out orders to buy and sell currencies on behalf of their clients.

They serve as intermediaries between banks, facilitating the connection between buyers and sellers for a commission that is paid by the initiator or by both parties.

Brokers operate as agents earning a commission, rather than as principals acting on their own behalf.

Disclaimer: The content of this article solely represents the author's personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.

Recommendation

Backtesting



Backtesting involves applying the rules of a trading strategy or algorithm to a historical dataset, which can span up to 10 years, for a specific asset.

Backwardation



Backwardation occurs in commodity futures markets when the spot price of a commodity surpasses its futures prices. This indicates that the price for immediate delivery is greater than the prices for delivery at future dates.

Bahamian Dollar (BSD)



The Bahamian Dollar (BSD) serves as the official currency of The Bahamas, a nation made up of more than 700 islands situated in the Atlantic Ocean, southeast of Florida.

Bahrain Dinars (BHD)



The Bahraini dinar (BHD) serves as the official currency of Bahrain, a small island nation situated in the Persian Gulf.

Bailout



A bailout is a financial concept that denotes an exceptional act of providing funds, either through lending or outright grants, to an entity (such as a company, bank, or individual) that is at risk of failing due to bankruptcy or insolvency.

Baker Hughes Rig Count



The Baker Hughes Rig Count is a frequently monitored report that tracks the number of active drilling rigs in the oil and gas sector. It acts as a gauge for the vitality of the energy industry, with variations in rig counts indicating changes in exploration and production activities. Founded in 1944 by Baker Hughes (now known as Baker Hughes, a GE company), the rig count has become a crucial measure of drilling activity in the United States, Canada, and global markets. By observing the number of active rigs, the report offers insights into industry trends, production levels, and the overall condition of the energy sector.

KeyAI

