Trading Basics
Contract Size
The minimum amount a product can be traded in. Normally these are standardised, like a lot in fx.
Other Trading Basics
Capital
The economic resource used to buy assets, normally with the view to provide a product or service.
Cable
Another name for the GBP – USD exchange.
Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.
Annual General Meeting (AGM)
This is where shareholders meet each year to vote on the various decisions a company needs to make.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
