The process of encoding messages or information in such a way that only authorized parties can read or access them.
Encryption
Related Terms
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SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a messaging system that allows banks and other financial institutions to send and receive information about financial transactions. It is not a payment system, but rather a messaging system that facilitates payments. SWIFT has since become the standard for cross-border payments, connecting over 11,000 financial […]
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FIX API is a messaging protocol that is widely used in the electronic trading industry. It is by no means exclusive to forex trading. In fact, FIX API is used by stock, metals, futures, and options...
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A swap is a contract between two parties who agree to exchange cash flows based on a predetermined set of terms.
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A forward contract involves an agreement between two parties to buy or sell an underlying asset at a predetermined price on a specified future date.
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The ADX or Average Directional Index is a technical indicator used to measure the overall strength of a trend. Developed by J. Welles Wilder, the Average Directional Index (ADX) helps traders...