BoC

Trading Basics

BoC

Bank of Canada.

Other Trading Basics

Ask Price

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.

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Black Box Trading

Also referred to as automatic or algorithmic trading.

The trader does not need to see the system in operation, in effect its a black box.

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Currency Futures

A future is an agreement to buy or sell something at future point in time. A currency future is when that agreement is on an FX market.

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