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.
Other Trading Basics
Bollinger Bands
A technical indicator developed by John Bollinger.
The bands help a trader visualise changes in price volatility.
Taught in our Technical Trading course.
Backwardation
Backwardation occurs when a bid price exceeds the ask price.
This usually occurs when stock is suspended or under a share repurchase scheme.
It can also mean that a futures contract will trade at a higher price when it is coming close to expiring.
The opposite of backwardation is known as contango.
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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Learn the skills needed to trade the markets on our Trading for Beginners course.
