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Account overview

An overview of your account(s), including base currency, value, cash available, unrealised margin profit/loss, funds available for margin trading, and margin utilisation.

Account Statement

An overview of the current balance and of changes in the balance of each account.

Account summary

The status and trading activity of a specific account. If you maintain multiple accounts, the Account Summary shows information about individual accounts, as well as an aggregate of all the accounts.

Account value

The current value of the account, combining Cash balance, Unrealised value of positions, and Transactions not booked.

Activity log

A list of all your SaxoTrader activities. The Activity Log includes details of trades, orders, requested prices, chat dialogues, system messages and, for Simulation accounts, account resets.

American-style Options

Options that can be exercised at any time on or before the expiration date.

Analysis

The study and analysis of historic price data to anticipate future movements in the price of an instrument

Appreciation

An increase in the value of an instrument.

Ask price

The price at which you can buy the specified instrument. This is also called the Offer price. For Forex trading, it is the price at which you can buy the trade/base currency (quoted first) by selling the price currency of the pair. For example, if you buy EURUSD 100,000, you are buying Euro 100,000 against US dollars.

Asset

In Options trading, a common term for the underlying asset. This is the financial instrument upon which Options, a derivative product, are based. For example, the underlying asset for IBM stock Options is the IBM stock itself.

At The Money (ATM)

A condition in which the strike price of an Option is equal to (or nearly equal to) the market price of the underlying security.

At The Money (ATM) forward strike

The ATM forward strike price of an Option is the strike price of the corresponding forward outright price at a specific forward date, as calculated via interest rate differentials.

Auto-execution

The maximum amount of the instrument that can be automatically traded before manual confirmation from a dealer ('Live price') is required. In periods of volatile market conditions, automatic trade execution may be disabled.

Available for margin trading

The funds available for margin trading, derived from subtracting Used for margin requirements from Account Value.