Trading Basics
Credit Account
For those with excellent credit some brokers will provide a credit account. This means the trader puts up less margin.
Other Trading Basics
CAC40
Cotation Assistée en Continu.
The short name for the headline french index which includes 40 companies.
Contango
This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.
Counterparty
You need at least two parties in a financial transaction, they are counterparties.
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