Trading Basics
Commission
A charge levied on a client to place trades in certain asset types. FX and CFD trading attracts commission.
Other Trading Basics
Black Box Trading
Also referred to as automatic or algorithmic trading.
The trader does not need to see the system in operation, in effect its a black box.
Blue Chip
Well established, big companies.
A blue chip is an expensive chip on the poker table
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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