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Thank you for your interest in Tickmill UK Ltd: which is authorised and regulated by the Financial Conduct Authority (FCA) and falls outside the European regulatory framework.

It looks like you are physically located in the EEA, therefore if you would like to proceed with Tickmill UK Ltd, please confirm this decision has been made by you independently without any marketing or solicitation by Tickmill UK Ltd.

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Please choose which entity you'd like to be directed to. Exchange Traded Derivatives (ETD) Futures & Options are only available under Tickmill UK Ltd.

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Thank you for your interest in Tickmill UK Ltd: which is authorised and regulated by the Financial Conduct Authority (FCA) and falls outside the European regulatory framework.

It looks like you are physically located in the EEA, therefore if you would like to proceed with Tickmill UK Ltd, please confirm this decision has been made by you independently without any marketing or solicitation by Tickmill UK Ltd.

Proceed
logo

You're about to leave our group site!

Please choose which entity you'd like to be directed to. Exchange Traded Derivatives (ETD) Futures & Options are only available under Tickmill UK Ltd.

It’s important to note that relevant local regulations will apply to your chosen entity.

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Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Tickmill | Low Spread Forex Broker. Trade FX and OTC

Tickmill | Low Spread Forex Broker. Trade FX and OTC
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The industry’s
most important terms explained.

Discover a wealth of financial terms and definitions that every trader should know.
Forex Glossary

V

Value Date

The date on which counterparts to a financial transaction agree to settle their respective obligations, i.e., exchanging payments. For spot currency transactions, the value date is normally two business days forward. Also known as maturity date.

Variation Margin

Funds a broker must request from the client to have the required margin deposited. The term usually refers to additional funds that must be deposited as a result of unfavorable price movements.

VIX or Volatility Index

Shows the market’s expectation of 30 – day volatility. It is constructed using the implied volatilities of a wide range of S&P 500 index options. The VIX is a widely used measure of market risk and is often referred to as the “investor fear gauge”.