Margin

When trading on an exchange, the margin is the amount of money or collateral that must first be provided and then maintained to ensure against losses on open contracts.

Market forward rate

The market forward rate is simply the forward rate, i.e., the rate at which two counterparties agree to exchange currencies at a future date.

Market maker

A dealer who makes a market in a specific over-the-counter asset.

Market risk

Market risk is the risk that the value of your investment will decrease due to moves in market factors.

Mark-to-market

The revaluation (or reval) of a position to reflect its true value using current market rates.

Maturity

See Expiry date.

Mid price

The mid price is the average price of the bid and offer.

Multi period barriers

A multi period barrier option is a series of non-contingent partial barriers.

Multi period one sided fader

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Multi period range fader

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