Trading Basics
Currency Pairs
The exchange of two currencies.
Other Trading Basics
Closing Trade
A trade to close a position. Most trading requires the trader to place the opposite trade to that done when opening their position.
This will crystallise the profit or loss.
ADR
American Depositary Receipts or ADRs. These are shares of foreign companies listed on exchanges in the USA in dollars.
They allow US investors to get access to overseas shares without the hassle of having to exchange currency, open brokerage accounts overseas and so on.
Buyback
When companies purchase their own shares.
This reduces the amount of shares issued.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
