Trading Basics

EDSP

Exchange Delivery Settlement Price. The price at which an exchange settles a derivative, like a future.

Also spot price.

The price now to transact in the underlying asset.

When a position is closed the trader crystalises the profit or loss.

Asset-backed securities.

These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.

Learn the skills needed to trade the markets on our Trading for Beginners course.