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  1. Q. What term is there for a difference between Bid and Ask pricing measured in pips?
  2.  
  3. Ans. spread
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  6. Q. What are traders, relying on a rising currency rate, called?
  7.  
  8.  
  9. Ans. bulls
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  11. Q. Who opens and closes deals upon the demand of its clients?
  12.  
  13. Ans. broker
  14.  
  15. Q. What term is used for international foreign exchange market?
  16.  
  17. Ans. forex
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  19.  
  20. Q. Who is the one that trades on Forex with an aim to gain profit?
  21.  
  22. Ans. trader
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