Education

G10

G7 plus Belgium, Netherlands and Sweden, a group associated with IMF discussions.

G7

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

GAMMA

A measurement of how fast delta changes, given a unit change in the underlying price of the instrument.

GAP

A significant price movement of a currency, security or commodity between two trading sessions.

GDP DEFLATOR

A ratio that is used to account for the effect of inflation on the GDP figure.

GLOBALIZATION

Tendency toward a worldwide investment environment and the integration of national capital markets.

GLOBEX

A system for global after hours electronic trading in futures and options developed by Reuters for CME and CBOT for use in conjunction with various exchanges around the world.

GOLD BULLION

Investment-grade gold which may be smelted into gold coins or bars.

GOLD STANDARD

A monetary system that backs its currency with a reserve of gold, and allows currency holders to convert their currency into gold. The U.S. went off the gold standard in 1971.

GOOD UNTIL CANCELED (GTC)

An instruction to a broker that the order must remain valid until cancelled by the client.

GROSS

Before deduction of tax.

GROSS DOMESTIC PRODUCT

GDP is the broadest measure of aggregate economic activity available. The total market value of all final goods and services produced in a country in a given year, equal to total consumer, investment and government spending, plus the value of exports, minus the value of imports.

GTC

See Good until Canceled.

GTF

(GTF) An instruction to a broker that the order must remain valid until closing of trading day on Friday.