Trading Basics
Book Building
When a new share is issued book building is the process institutions go through to gauge demand and therefore price.
This goes on before the share is available to trade on the exchange.
Other Trading Basics
At The Money
A term used in options trading where the strike price of the option is similar to the current underlying spot price of the instrument.
At Best
An order type that instructs the broker to get the best possible price they can obtain for a trader or investor
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