Account Statement
The MOGA INTERNATIONAL account statement will show the client's debit and credit activity over a user-specified time period.
Account Status Window
The account status window shows the MOGA INTERNATIONAL margin monitor. It includes account balances and the unrealised profit and loss on open positions. It also shows numerical and graphical representations of MOGA INTERNATIONAL margin levels for the client, given existing open positions.
Account Value
The current value of a customer's account, given the amount of money deposited and any changes resulting from profit and loss from existing and closed-out positions. The value also includes credits and debits from daily rollovers, commission, transfer fees or bank-related charges, if applicable.
Aggregate Demand
Total demand for goods and services in the economy. It includes private and public sector demand for goods and services locally, as well as internationally.
Aggregate Risk
Size of exposure of a single customer to a market-related movement.
Aggregate Supply
Total supply of goods and services in the economy from domestic sources (including imports) available to meet aggregate demand.
Agreement
The MOGA INTERNATIONAL Customer Agreement. All clients must read and sign the MOGA INTERNATIONAL Customer Agreement before opening an account with MOGA INTERNATIONAL.
Application
The MOGA INTERNATIONAL software program.
Appreciation
Describes a currency increasing or strengthening in response to a market reaction
Arbitrage
The simultaneous purchase and sale in different markets of the same or equivalent financial instruments to profit from price or currency differentials.
Asset Allocation
Dividing funds between different investment alternatives in order to attempt to achieve diversification or maximum return.
Ask
The price at which the currency or instrument is offered for sale by MOGA INTERNATIONAL or another counter-party.
A specific instruction given to a dealer to buy or sell at the best rate that can be obtained. The term is synonymous with the term 'at the market' or is implied by the customer issuing a 'market order'.
An order to deal at a specific rate/price, or better.
Authorised Dealer
A third party to which the customer grants trading authority or control over their account. MOGA INTERNATIONAL does not, by implication or otherwise, endorse or approve of the operating methods of the authorised agent. MOGA INTERNATIONAL shall not be responsible with respect thereto.
Available Trading Power
Given a customer's account value and current position, the amount of incremental Foreign Exchange, expressed in a specified currency, that the customer could take. Mathematically, the Available Trading Power = (Account Value * Maximum Trading Leverage) Open Position Amount.