Terms beginning with "G"

G

G7

The seven leading industrial countries, being US , Germany, Japan, France, UK, Canada, Italy.

G10

G7 plus Belgium, Netherlands and Sweden, a group associated with IMF discussions. Switzerland is sometimes peripherally involved.

GOING LONG

The act of buying a currency pair. For example, if a customer bought the EUR/USD, he would be "going long" the Euro.

GOING SHORT

The act of selling a currency pair. For example, if a customer sold the EUR/USD, he would be "going short" the Euro.

GTC

SEE: Good til canceled.