Fig. 3. Intraday patterns of price discovery and liquidity recovery after the news, The definitions of price discovery and liquidity recovery are provided in Eq.6 and 8. The panels plot the intraday path of the averages of PD measure for k=[0,600],T=600, and LR measure for k=[0,300...
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Detailed definitions of commonly used concepts and terms in Forex can be found in Forex (2018), Archer (2010) and Özorhan (2017). Here, we explain only the most important ones. Base currency, which is also called the transaction currency, is the first currency in the currency pair while...
Definitions Terms used in the descriptions and tables that follow are defined as follows: Acid Detergent Fiber (“ADF”). Acid detergent fiber approximates the amount of cellulose fiber and ash present in a feed. Forages with high ADF values are less digestible than forages with low ADF value...
1. DEFINITIONS The terms “comprise(s),”“include(s),”“having,”“has,”“can,”“contain(s),” and variants thereof, as used herein, are intended to be open-ended transitional phrases, terms, or words that do not preclude the possibility of additional acts or structures. The singular...