Mine and Yours definition

Used by forex traders to signify which currency account and at which bank and country currency is to be paid to. A trader might say ‘my New York’ for dollars or ‘my London’ for sterling.


Related words

Money SupplyMoney MarketsMarket MakerMargin CallMarginMarket OrderMonetary ReserveMonetary PolicyMini-Forex AccountMine and YoursMajor PairsMutual FundMarket Capitalization