ASX 200

Trading Basics

ASX 200

A term used for the index of the top 200 shares on the Australian Securities Exchange, also AUS 200.

Other Trading Basics

Bid

Traders can go short at the bid price.

The terminology is from the broker point of view, they are bidding to buy from you.

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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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Analysts

Those that conduct analysis on markets, with the view of providing insights to market participants.

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