Trading Basics

Bank of England

The UK’s central bank responsible for setting interest rates for Sterling and maintaining stability in the UK’s financial industry.

Orders that instruct a broker to another action if filled. The typical action is to place a stop or limit order on the trade.

The ask price is the level at which a seller is willing to accept a bid on a security.

The ask price is always higher than the bid price.

Also known as the offer price.

A loan that the owner can convert to ordinary shares in that company, given a set of conditions defined in the original loan.

Learn the skills needed to trade the markets on our Trading for Beginners course.