Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Trading Glossary
Glossary trade refers to a type of trading strategy where traders use a predefined set of terms, definitions, or concepts to make informed decisions. It often involves industry-specific jargon, financial metrics, and analytical tools to navigate markets effectively.

Z
ZAR
The currency code for the South African rand.
Zero interest rate policy (ZIRP)
A monetary policy in which a central bank sets interest rates at or near zero to stimulate economic growth.
Zero-coupon bond
A type of bond that pays no interest during its lifetime but is sold at a discount to its face value.
Zero-lag moving average
A technical indicator that attempts to eliminate lag in the calculation of moving averages.
Zero-sum game
A situation in which one participant’s gain is exactly balanced by another participant’s loss.
Zloty
The currency of Poland.
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