Credit Limit

Trading Basics

Credit Limit

The amount of credit given to a trader by a broker. Hardly done anymore.

Other Trading Basics

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.

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Bearer Stocks

Ownership of shares is typically held on a register.

The owner of bearer shares do not get registered, instead they must possess the certificate the prove ownership.

Keep them safe.

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