Basis Point

Trading Basics

Basis point

A basis point is 0.01% and is typically used when quoting interest rate changes.

A move of 0.25% is described as 25 basis points.

Other Trading Basics

BoE Rate Decision

The Bank of England’s interest rate decision is announced following the meeting of its monetary policy committee, which meets eight times a year.

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ASX 200

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

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