Brexit

Trading Basics

Brexit

The process of the United Kingdom (UK) leaving the European Union (EU) – it is a combination of ‘British’ and ‘exit’.

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.

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Cash or Spot Market

Also known as a spot market, cash markets are different to futures contracts, as commodities are traded immediately for cash at the current market price.

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Cable

Another name for the GBP – USD exchange.

Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.

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