Trading Basics
Balance of Payments
Also BoP. This is the difference between payments into or out of a country. It can be negative or positive and is used by traders in fundamental analysis.
Other Trading Basics
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
ASX 200
A term used for the index of the top 200 shares on the Australian Securities Exchange, also AUS 200.
Book Building
When a new share is issued book building is the process institutions go through to gauge demand and therefore price.
This goes on before the share is available to trade on the exchange.
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