The physical assets behind traded commodity securities.
Other Trading Basics
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
Anything that is owned that is expected to generate a return to the owned.
Opposite to a liability.
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.
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