Trading Basics
At the Money
A term used in options trading where the strike price of the option is similar to the current underlying spot price of the instrument.
Other Trading Basics
Available Margin
The amount of margin a trader has available to trade with.
This is account balance minus margin used on open positions.
Cable
Another name for the GBP – USD exchange.
Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.
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Learn the skills needed to trade the markets on our Trading for Beginners course.