Trading Basics
Credit Limit
The amount of credit given to a trader by a broker. Hardly done anymore.
Other Trading Basics
Black Box Trading
Also referred to as automatic or algorithmic trading.
The trader does not need to see the system in operation, in effect its a black box.
Currency Options
A option is the right to buy or sell something in the future but not the obligation. A currency option is on an FX market.
Capital Gains Tax
Also, CGT.
A tax on the profits obtained from a capital investment or transaction.
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