| Dealing Room |
Operational control center responsible for trading environment monitoring, execution support, incident handling and first-line risk visibility. |
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| Dealer |
Dealing Room operator who monitors systems, investigates issues, escalates risk and documents operational decisions. |
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| Client |
Trading account holder or client group affected by execution, pricing, platform or risk-control decisions. |
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| Symbol |
Tradable instrument code used by the platform, such as XAUUSD, XAGUSD or USOIL. |
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| XAUUSD |
Standard platform symbol used in this material for the XAUUSD instrument. |
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| Platform |
Trading system used for account access, order entry, position management and client-facing trading operations. |
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| MT4 / MT5 |
MT4 / MT5 |
Common trading platforms used by brokers and clients. |
| Trade Server |
Core platform server that processes orders, positions, account state and trading permissions. |
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| Bridge |
System layer connecting the trading platform with pricing, routing and execution-monitoring infrastructure. |
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| Bridge Trade Log |
Real-time bridge view showing order flow, route, match condition, execution result, reject, timeout or closure signals where available. |
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| quote source / Quote Source |
Pricing source used for quote reference, quote quality, spread, depth and latency monitoring. |
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| Liquidity |
Available price depth and execution capacity under current market conditions. |
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| Pricing Engine |
System that receives, validates, filters and distributes prices to the trading platform. |
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| Quote |
Bid/ask price shown or used for execution. |
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| Quote Freeze |
Condition where prices stop updating or appear stale. |
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| Price Spike / Bad Tick |
Sudden abnormal price point or chart needle that may be caused by an outlier quote source. |
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| Off-Market Price |
Price that appears inconsistent with other sources or the expected market range. |
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| quote source Price Divergence |
Material price difference between quote source sources that may affect bid/ask, spread, chart behavior or execution review. |
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| Spread |
Difference between bid and ask prices. |
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| Execution |
Order execution process from client request through routing, fill, rejection or cancellation. |
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| Fill |
Confirmed execution result for an order or part of an order. |
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| Reject |
Order not accepted or not executed due to platform, risk, liquidity, session or rule conditions. |
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| Order Partial Execution |
Only part of the requested order volume is executed; use mainly when this is visible in platform or Bridge evidence. |
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| Slippage |
Difference between requested or expected price and actual executed price. |
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| Latency |
Time delay between order, quote, routing, response or data-update events. |
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| Short-term price movement after execution |
How price moves shortly after a fill. In beginner lessons, describe the observation plainly instead of using specialist jargon. |
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| Adverse Selection |
Prefer explaining as unfavorable post-trade movement. It means execution is repeatedly followed by price movement against the company or quote source. |
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| Abnormal Flow |
Repeated behavior pattern that may exploit pricing, latency, liquidity or execution weaknesses. Use as an evidence-review term, not as an accusation. |
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| Holding Time |
Time between position opening and closing. |
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| Short-Holding-Time Review |
Evidence review triggered when positions are opened and closed within a very short time window according to internal criteria. |
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| Event Window |
Defined time range around scheduled or unscheduled market events. |
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| Exposure |
Company-wide market risk from open positions or company-held risk. Keep Exposure when referring to dashboard/report labels. |
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| Net Exposure |
Directional exposure after offsets. |
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| Gross Exposure |
Total open exposure before offsets. |
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| Concentration Risk |
Risk dominated by one symbol, direction, account, group, session or correlated factor. |
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| Correlated Exposure |
Exposure that appears diversified by symbol but is driven by the same market factor. |
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| Factor Exposure |
Exposure grouped by economic or market driver rather than by symbol only. |
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| Company Risk |
Market and operational risk impact that the company needs to monitor and control after client trading activity. |
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| Internal Risk Retention |
Prefer explaining as the company keeps part of the market risk internally. Use only in risk-framework pages. |
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| Risk-control feasibility |
Whether risk can be reduced or controlled efficiently under approved actions and current market conditions. |
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| Control Review |
Review of whether risk should be handled through approved monitoring, configuration or other authorized control actions. |
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| Company risk impact |
Risk impact on the company. Use this phrase instead of casual profit/loss language in beginner material. |
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| client trading result |
Profit and loss impact on client accounts. Use trading result consistently in formal material. |
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| Risk Engine |
Rule and control layer that evaluates exposure, risk status, account conditions, event restrictions and trading permissions. |
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| Risk Rule |
Approved logic used to alert, restrict, reject, route or escalate trading activity. |
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| Override |
Approved exception to a standard rule or control. Must have named authority and documentation. |
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| Incident |
Operational abnormal event that may affect platform stability, execution, clients, risk or reporting. |
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| RCA |
Root Cause Analysis used to identify why an incident happened and what should change. |
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| Problem Record |
Record used for recurring or structural issues that require prevention, not only immediate recovery. |
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| Known Error |
Documented root cause with an accepted workaround or pending permanent fix. |
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| Escalation |
Structured communication to the correct Shift Leader / follow-up when authority, severity, risk or impact exceeds normal handling. |
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| Handover |
Transfer of current operational status, open risks, incidents, responsible parties and next actions between shifts. |
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| Client Fairness |
Requirement to investigate and act objectively regardless of company risk pressure. |
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| Approved Action |
Action performed within policy and authorized by the correct Shift Leader / follow-up. |
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| Emergency Authority |
Temporary authority used only during defined urgent conditions. |
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