Spread Betting Glossary: F

1. Fast market: A price-volatile market with rapid fluctuations over the course of a short period of time, also known as a ‘Hive’ market.

2. Fill: To execute or match an order request from a trader. The market maker is often required to step in to fill orders where buyers/sellers are not readily available.

3. Foreign exchange: The markets for trading in currencies, known widely as Forex.

4. Forex: An abbreviated term for 'foreign exchange', which denotes the markets for international currency investment. Forex transactions tend to be highly leveraged, and as a result pose a significant risk to investment capital. Can also be used as a basis for spread betting.

5. Forex: An abbreviated term for 'foreign exchange', which denotes the markets for international currency investment. Forex transactions tend to be highly leveraged, and as a result pose a significant risk to investment capital. Can also be used as a basis for spread betting.

6. FSA: The governing body for financial services and trading in the UK, the Financial Services Authority is a statutory organisation with obligations and powers to regulate and enforce proper financial activity. The FSA remit also covers spread betting.

7. FTSE: The leading securities exchange in the UK, based in London. The Financial Times Stock Exchange.

8. FTSE100: An index of the UK's top 100 businesses, often encompassing the most widely owned securities, and used as a measure of market attitudes to economic indicators and current affairs.

9. FTSE250: Similar to the FTSE100, except the index pertains to the following 250 of the UK's largest publicly traded companies.

10. FTSE350: A combination of the FTSE100 and the FTSE250, reflecting the UK's 350 largest businesses by market cap.

11. Futures: A type of derivative which stipulates a given price for an underlying asset at a given point, the difference in which is either received or paid by the holder upon maturity.

12. Futures contract: The tradable contract which underpins a futures derivative.

13. Futures price: The stipulated face price of a futures contract which dictates the price point at which the underlying asset much sit on the given date for the trader to break even.