Glossary

Manufacturing production: – A measurement of the total volume of industrial production for a country as it relates to manufacturing. The 13 subsectors that make up the manufacturing industry account for about 80 per cent of industrial production.
Margin: – Margin is the deposit required to open a new position.
Margin call: – A margin call is a declaration from a broker or dealer to a trader that additional collateral is required to open a new position or continue to keep open a position after unfavourable transactions have posted to the trader's account.
Mark-to-market (MTM): - MTM is the re-evaluation of a trader's open positions at current market prices. This evaluation is used to determine if a margin call must be issued.
Market: – A trading arena constrained by political or geographic boundaries.
Market maker: – A dealer who has the ability to quote and back up both ask and bid prices, thus becoming a market unto itself.
Market risk: – All open positions that are exposed to fluctuations in the market are in a state of market risk.
Maturity: – The settlement or expiration date for any financial instrument is known as the maturity date.