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.
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.
Analysts
Those that conduct analysis on markets, with the view of providing insights to market participants.
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Learn the skills needed to trade the markets on our Trading for Beginners course.