Contingent Orders

Trading Basics

Contingent Orders

These are orders that instruct a broker to another action if filled. The typical action is to place a stop or limit order on the trade.

Other Trading Basics

Book Value

A valuation of something using its net assets on the balance sheet.

A very rough way of valuing an asset because it ignores the intangibles.

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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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Bearer Stocks

Ownership of shares is typically held on a register.

The owner of bearer shares do not get registered, instead they must possess the certificate the prove ownership.

Keep them safe.

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