Trading Basics
Currency Cross
The rate to exchange two currencies.
Other Trading Basics
Blue Chip
Well established, big companies.
A blue chip is an expensive chip on the poker table
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.
Ask Price
The ask price is the level at which a seller is willing to accept a bid on a security.
The ask price is always higher than the bid price.
Also known as the offer price.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.