Currency Cross

Trading Basics

Currency Cross

The rate to exchange two currencies.

Other Trading Basics

Bear Market

A Bear Market occurs when the price of a security is falling, and the negative outlook of the security causes the security’s price to continue to fall, causing a self-sustaining problem.

For a downturn like this to be officially considered a bear market, it must be on-going for longer than two months, otherwise it is known as a correction.

Bears are generally traders with a pessimistic view on markets that look to profit from a decline in prices.

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ASX 200

A term used for the index of the top 200 shares on the Australian Securities Exchange, also AUS 200.

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Cash or Spot Market

Also known as a spot market, cash markets are different to futures contracts, as commodities are traded immediately for cash at the current market price.

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