Contract Expiry Date

Trading Basics

Contract Expiry Date

The date a contract expires, if applicable.

Other Trading Basics

ADR

American Depositary Receipts or ADRs. These are shares of foreign companies listed on exchanges in the USA in dollars.

They allow US investors to get access to overseas shares without the hassle of having to exchange currency, open brokerage accounts overseas and so on.

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Basis Point

A basis point is 0.01% and is typically used when quoting interest rate changes.

A move of 0.25% is described as 25 basis points.

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