Glossary – Trading
There are 20 names in this directory beginning with the letter G.
G10
G7 plus Belgium, Netherlands and Sweden, a group associated with IMF discussions. Switzerland is sometimes peripherally involved.
Gap / Gapping
A quick market move in which prices skip several levels without any trades occurring. Gaps usually follow economic data or news announcements.
GER30
An index of the top 30 companies (by market capitalization) listed on the German stock exchange – another name for the DAX.
GMT
Greenwich Mean Time – The most commonly referred time zone in the forex market. GMT does not change during the year, as opposed to daylight savings/summer time.
Going long
The purchase of a stock, commodity or currency for investment or speculation – with the expectation of the price increasing.
Going short
The selling of a currency or product not owned by the seller – with the expectation of the price decreasing.
Gold certificate
A certificate of ownership that gold investors use to purchase and sell the commodity instead of dealing with transfer and storage of the physical gold itself.
Good ‘til date
An order type that will expire on the date you choose, should it not be filled beforehand.
Good \’til cancelled order (GTC)
An order to buy or sell at a specified price that remains open until filled or until the client cancels.
Gross domestic product (GDP)
Total value of a country’s output, income or expenditure produced within its physical borders.
Guaranteed order
An order type that protects a trader against the market gapping. It guarantees to fill your order at the price asked.
Guaranteed stop
A stop-loss order guaranteed to close your position at a level you dictate, should the market move to or beyond that point. It is guaranteed even if there’s gapping in the market.
Guerrilla Trading
A very short-term trading technique that aims to generate small profits while taking on very little risk per trade and repeating this multiple times in a trading session.
