Daily Bets

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

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.

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Abnormal Market Conditions

A term used by brokers to describe a rapidly moving or thinly traded market.

Depending on the terms and conditions, this allows brokers to examine and possibly change trades placed during these conditions.

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