Trading Basics

Daily Bets

Spread bets that close at the end of the trading day. These used to expire but now they get rolled, with a financing charge, by default into the next trading day.

Other Trading Basics

Contract Length

The length of time a contract is open until it expires.

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.

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.

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