Trading Basics
Capital Gains Tax
Also, CGT.
A tax on the profits obtained from a capital investment or transaction.
Other Trading Basics
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.
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.
Annual General Meeting (AGM)
This is where shareholders meet each year to vote on the various decisions a company needs to make.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.