Trading Basics
Currency Pairs
The exchange of two currencies.
Other Trading Basics
Contingent Orders
Orders that instruct a broker to another action if filled. The typical action is to place a stop or limit order on the trade.
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.
Balance
A summarised financial result of all funds deposited in, and withdrawn from the customer’s account, and of all closed positions in that account.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
