BRIC

Trading Basics

BRIC

BRIC stands for the emerging economies – Brazil, Russia, India and China.

Other Trading Basics

What is a Central Bank

A central bank or monetary authority is a monopolised and often nationalised institution given privileged control over the production and distribution of money and credit.

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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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After-Hours Dealing

After-hours trading involves buying or selling securities outside of specified trading hours.

However, trading after hours may offer less liquidity, as fewer traders are operating at these times and spread betting firms may offer wider spreads as fluctuations can occur during these times.

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