Trading Basics
Counter Party
You need at least two parties in a financial transaction, they are counterparties.
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.
Bear Raid
When bears team up to push the price of a security down, normally by short selling and/or rumours.
This is illegal.
Asian Session
When the majority of Asian markets are open and trade.
Typically 23:00 to 08:00 GMT.
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