Trading Basics

CFD

Contract for difference.

An OTC financial derivative where the counterparties agree to exchange the change in a price.

No underlying assets are exchanged.

A security’s last price in a trading period.

You need at least two parties in a financial transaction, they are counterparties.

Aussie or Ozzie are short hand terms for the AUD/USD currency pair

Learn the skills needed to trade the markets on our Trading for Beginners course.