Contract Note

Trading Basics

Contract Note

A confirmation from a broker that a trade has been placed.

Other Trading Basics

Call

An option that gives the purchaser the right, but not the obligation, to buy a security at a certain price.

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Bear Raid

When bears team up to push the price of a security down, normally by short selling and/or rumours.

This is illegal.

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Book Building

When a new share is issued book building is the process institutions go through to gauge demand and therefore price.

This goes on before the share is available to trade on the exchange.

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