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

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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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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