The industry’s
most important terms explained.

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Forex Glossary

    U

    Unemployment Rate
    Measures the total workforce that is unemployed and actively seeking employment, measured as the percentage of the labor force.
    Unrealized Gain/Loss
    The theoretical gain or loss on Open Positions valued at current market rates, as determined by the broker in its sole discretion. Unrealized Gains’ Losses become Profits/Losses when position is closed.
    Uptick Rule
    In the U.S., a regulation whereby a security may not be sold short unless the last trade prior to the short sale was at a price lower than the price at which the short sale is executed.
    Uptick
    A new price quote at a price higher than the preceding quote.
    US Prime Rate
    The interest rate at which US banks will lend to their prime corporate customers.