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We would like to show you a description here but the site won’t allow us. Located in Southeast Missouri on Interstate 55 between St. Louis and Memphis, Jackson shares a municipal boundary with the City of Cape Girardeau located on the. Jackson's motto, 'City of Beautiful Homes, Parks, Schools and Churches' reflects the hometown pride of our community. Fire Department: ISO Rating of 4.

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Forex Glossary arbitrage Simultaneous buying and selling of securities, commodities, or currencies in different markets to take advantage of price differences. Ask (offer) price The price at which a market is willing to sell. Banknote rate The rate used for foreign exchange transactions involving physical banknotes. This rate takes into account the added costs of transport and insurance.

Base currency The first named currency in a currency pair. Bears Traders who expect prices to decline. Bulls Traders who expect prices to rise.

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Bid price The price at which a market is willing to purchase. Call money Money loaned by a financial institution on a very short-term basis which can be called the same day or at one or two days’ notice. Call option An option to sell a commodity or asset (currency) at an agreed-upon price on or before a particular date. Counter currency The second named currency in a currency pair.

Central bank The national bank of a sovereign state that provides financial and banking services to its government and commercial banking system, implements monetary policy, and issues currency. Contra currency In a forex trade, the currency for which the dealt currency is traded.

For example, in a USD/CHF trade the US dollar is the dealt currency and the CHF (Swiss Franc) is the contra currency. Convertibility The ease with which a currency can be freely exchanged or converted into another currency. Credit card rate The foreign exchange rate offered by a credit card company for transactions in a foreign currency using their credit card. Credit card rates vary by issuer of the credit card, but are typically a premium of 2−5% above the Spot Exchange Rate. Cross rate An exchange rate between two currencies expressed in reference to a third currency, typically the US dollar. Currency The system of money in general use in a country or currency zone.

Examples include the US dollar, Swiss franc, and European Euro. Currency pair Two currencies that constitute a foreign exchange rate: the base currency and the counter currency. For example: USD/EUR. Dealt currency In a forex trade, the currency that specifies the unit of the trade.